A Distribution of Service Times at a Waiting Line Indicates

question 71

Multiple Choice

A distribution of service times at a waiting line indicates that service takes 6 minutes 30 percent of the time, 7 minutes 30 percent of the time, 8 minutes 20 percent of the time, and 9 minutes 20 percent of the time. In preparing this distribution for Monte Carlo analysis, the service time of 8 minutes would be represented by what random number range?

• A) 20 through 40
• B) 61 through 80
• C) 70 through 90
• D) 71 through 90
• E) 01 through 20

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Definitions:

ROA

Return on Assets, a financial ratio indicating the profitability of a company relative to its total assets.

Capital Structure

The mix of a company's long-term debt, specific short-term debt, common equity, and preferred equity, which is used to finance its overall operations and growth.

ROE

Return on Equity, measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.

Statement of Cash Flows

A financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, dividing activities into operating, investing, and financing activities.