Table 14-3 A Pawn Shop in Arlington, Texas, Has a Drive-Through Window

question 1

Multiple Choice

Table 14-3
A pawn shop in Arlington, Texas, has a drive-through window to better serve customers. The following tables provide information about the time between arrivals and the service times required at the window on a particularly busy day of the week. All times are in minutes. The first random number generated for arrivals is used to tell when the first customer arrives after opening.
-According to Table 14-3, the time between successive arrivals is 1, 2, 3, or 4 minutes. If the store opens at 8:00 a.m., and random numbers are used to generate arrivals, what time would the first customer arrive if the first random number were 02?

• A) 8:01
• B) 8:02
• C) 8:03
• D) 8:04
• E) None of the above

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Definitions:

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An accounting practice of recording an investment at its original purchase cost, without reflecting changes in market value, unless a permanent decline in value is acknowledged.

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