A Small Diner Has One Employee and a Counter with Seating

question 34

Multiple Choice

A small diner has one employee and a counter with seating for 8 customers.The diner does not package food for take out.Customers arrive at the diner at the rate of 20 per hour (Poisson distributed) .Service times are exponentially distributed and average 24 per hour.Customers that arrive when all seats are taken do not enter the diner.What is the probability that the diner is full and an arriving customer does not enter?

• A)0.8333
• B)0.1667
• C)0.2067
• D)0.0481

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Definitions:

Cash Dividends

Money distributed by a corporation to its shareowners, frequently as a dividend from profits.

Operating Activities

Transactions and other events that are not investing or financing activities, usually involving the production and delivery of goods and services.

Indirect Method

A method used in cash flow statement preparation that adjusts net income for the changes in balance sheet accounts to calculate the cash from operating activities.

Accounts Payable

Obligations or debts owed by a company to its suppliers or creditors for goods and services received.