If the Arrival Rate Is 12 Cars Per Hour,and the Number

question 98

Multiple Choice

If the arrival rate is 12 cars per hour,and the number of cars serviced in 1 hour is 15,then the service time per car is ______.

• A)4 minutes
• B)5 minutes
• C)20 minutes
• D)3 minutes

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Definitions:

Originally Reported

Originally reported refers to the initial financial figures or data that were officially announced or published by a company or organization.

Prepaid Revenue

Income received by a company for goods or services to be delivered or performed in the future, recorded as a liability on the balance sheet until earned.

Depreciation Expense

The allocated amount of the cost of a tangible or physical asset over its useful life, reflecting the decrease in the asset’s value due to use and/or age.