Use the Scenario Given Below to Answer the Following Question

question 24

Multiple Choice

Use the scenario given below to answer the following question.
Consider the flow process map given below.Assume that orders enter the system with a time between arrivals that is exponentially distributed with a mean of 0.8 minutes.The processing time at work station 1 is exponential with a mean of 0.50 minutes,and at work station 2,it is exponential with a mean of 1 minute.The queue for work station 1 has a capacity of 6,while the queue for work station 2 has a capacity of 4.
Run the simulations for 30 replications of a 24-hour.
-The number of work cycles started in work station 1 is ________.

• A)3.39
• B)1406.87
• C)700.69
• D)1410.90

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Definitions:

Cash Inflows

Cash inflows refer to the money entering a business from various sources such as sales, financing, or investment returns, crucial for operational funding and growth.

Cash Inflows

Money or money's worth received by a business during a period, arising from various sources such as operations, financing, and investing activities.

Discount Rate

The interest rate that is employed to figure out the present value of future cash flows during discounted cash flow analysis.

Required Rate

The minimum return an investor expects to achieve when investing in a particular asset, taking into account its risk level.