Customers Arrive at a Single Self-Serve Coffee Machine in a Busy

question 23

Multiple Choice

Customers arrive at a single self-serve coffee machine in a busy mall at the rate of 20 per hour, following Poisson distribution. Each customer takes exactly 90 seconds to get his or her coffee. What is the expected number of customers in queue at this coffee machine?

• A) 1.0
• B) 1.5
• C) 0.5
• D) 2.0
• E) 3.0

Analyze the tort liability of principals for the acts of their agents, including negligence, respondeat superior, and unauthorized acts.

Understand the doctrines of ratification and adoption in the context of unauthorized contracts.

Explain the liability of agents for contracts entered into on behalf of non-existent or undisclosed principals.

Evaluate the responsibilities and obligations of principals and agents in hiring and supervising employees to prevent tortious acts.

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Definitions:

Demographic Characteristics

The statistical data relating to the population and particular groups within it, such as age, gender, income, and education.

Usage Rates

Measures indicating how frequently consumers use a product or service, often used to segment markets or tailor marketing strategies.

Ham & Egg Scramble

A popular breakfast dish made by cooking chopped ham and beaten eggs together in a frying pan.

Geographic Segmentation

The division of a market into different geographical units such as countries, states, regions, or cities for targeted marketing.