Suppose That a Fast Food Restaurant Wants the Average Line

question 11

Essay

Suppose that a fast food restaurant wants the average line to be 4 customers and that 80 customers arrive each hour.How many minutes will the average customer be forced to wait in line?

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Definitions:

Investing Activities

Finance-related activities in a company that involve acquiring or disposing of long-term assets.

Net Cash

The total amount of cash and cash equivalents a company possesses after deducting all liabilities.

Free Cash Flow

This represents the amount of cash a company generates from its operations after accounting for capital expenditures, showing the liquidity available for expansion, dividends, or debt repayment.

Capital Expenditures

Expenses incurred by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment, often to improve or maintain their long-term capacity and efficiency.