A company is reviewing the number of telephone lines available for customer support. The average number of
Question:
A company is reviewing the number of telephone lines available for customer support. The average number of calls received per day is three calls during a five-minute period. Estimate the proportion of phone calls that cannot be answered during a five-minute period:
(a) If the company installs four lines
(b) If the company installs five lines.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
The Excel solution is illustrated in Figure 435 a If the company has four lines then the probability ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Give a rigorous proof that if And Then lim,f(x) = A im g(x) lim [f(x) B
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
During the morning hours at a catalog sales department, telephone calls come in at the rate (Poisson) of 40 per hour. Calls that cannot be answered immediately are put on hold. The system can handle...
-
Matrix squaring. Write a program like Markov that computes page ranks by repeatedly squaring the matrix, thus computing the sequence p, p 2 , p 4 , p 8 , p 16 , and so forth. Verify that all of the...
-
Should a project manager try to upgrade his personnel?
-
Suppose the demand and supply curves for unskilled labor in the Corvallis labor market are as shown in the accompanying figure. a. By how much will the imposition of a minimum wage at $12 per hour...
-
Comparing Payment Accounts. Using Personal Financial Planner Sheets 26 and 27, compare the features and costs of checking accounts at two financial institutions. Online searches for this information...
-
The Crunchy Granola Company is a diversified food company that specializes in all natural foods. The company has three operating divisions organized as investment centers. Condensed data taken from...
-
D O H I J K L As we've examined in prior class periods, CIC is currently considering expanding operations. The first expansion plan which we've worked on in a previous class calls for the purchase of...
-
Attendance at a cinema has been analysed and shows that audiences consist of 60% men and 40% women for a particular film. If a random sample of six people was selected from the audience during a...
-
A binomial model has n = 4 and p = 0.6. (a) Find the probabilities of each of the five possible outcomes (i.e. P(0), P(1) . . . P(4)). (b) Construct a histogram of this data.
-
Calculating components of cash outflow from operations Refer to Exhibit 5.22, which provides items from the financial statements of Information Technologies. a. How much cash did Information...
-
Which one of the following therapists' approaches has been integrated into several other therapies in the West? 1. Naikan therapy 2. Morita therapy 3. mindfulness meditation
-
What does this scatter plot tell us? Check ALL below that are true from the Scatter Plot. Y is cumulative total barrels and x is number of active wells. 1. If there were 550 active wells, we would...
-
Millie runs a small company that makes customised notebooks with personalised details on the cover and inserts. You promote your product as a great gift idea, and your holiday orders break your...
-
Excel ACC 311 Project Two Workbook Template - View-only Search (Alt + Q) File Home Insert Draw Page Layout Formulas Data Review View Help 12 B A ... ab Ev F10 1 2 3 4 5 6 fx A B Posey's Pet Emporium...
-
Imagine that you are the change manager for acompany that does business entirely via the Internet. The head development engineercalls to indicate he wants to make a small change to one of the...
-
During 20x9, Dasbol Corporation engaged in two complex transactions to improve the business-selling off a division and retiring bonds. The company has always issued a simple single-step income...
-
The Smiths buy a house. They borrow 80 percent of the purchase price from the local ABC Savings and Loan. Before they make their first payment, ABC transfers the right to receive mortgage payments to...
-
Consider the following situation. Year Cash Flow 0................................-$200 1.................................+400 2..................................-100 What is the rate of return?
-
An investor is considering two mutually exclusive projects. He can obtain a 6% before-tax rate of return on external investments, but he requires a minimum attractive rate of return of7% for these...
-
In January, 2003, an investor purchased a convertible debenture bond issued by the XLA Corporation. The bond cost $1000 and paid $60 per year interest in annual payments on December 31. Under the...
-
In 2019, Sunland Company had a break-even point of $388,000 based on a selling price of $5 per unit and fixed costs of $155,200. In 2020, the selling price and the variable costs per unit did not...
-
11. String Conversion Given a binary string consisting of characters '0's and '1', the following operation can be performed it: Choose two adjacent characters, and replace both the characters with...
-
Consider the table shown below to answer the question posed in part a. Parts b and c are independent of the given table. Callaway Golf (ELY) Alaska Air Group (ALK) Yum! Brands (YUM) Caterpillar...
Study smarter with the SolutionInn App