Figure 6S-1
Customers Enter a Haberdashery That Sells Only Ascots

question 15

Multiple Choice

Figure 6S-1
Customers enter a haberdashery that sells only ascots, cufflinks and suspenders and are served by the owner operator. The owner is the only employee, so if customer B arrives while customer A is being served, customer B must patiently wait until customer A exits the system. Customers are always willing to wait regardless of how long their wait is. The interarrival and service times are uniformly distributed and shown in the table below.
$$\begin{array} { | c | c | c | } \hline \text { Range } & \text { Interarrival (min) } & \text { Service (min) } \\\hline 0.000 - 0.200 & 3 & 6 \\\hline 0.201 - 0.400 & 6 & 7 \\\hline 0.401 - 0.600 & 9 & 8 \\\hline 0.601 - 0.800 & 12 & 9 \\\hline 0.801 - 1.000 & 15 & 10 \\\hline\end{array}$$ The stream of random number for a Monte Carlo simulation of the system appear in this table>
$$\begin{array} { | c | c | } \hline \text { Interarrival } & \text { Service } \\\hline .114 & .979 \\\hline .899 & .297 \\\hline .925 & .162 \\\hline .085 & .574 \\\hline .824 & .235 \\\hline .151 & .593 \\\hline .223 & .956 \\\hline .477 & .845 \\\hline\end{array}$$
-Use the data from Figure 6S-1. How many customers are in the haberdashery at 9:08?

• A)0
• B)1
• C)2
• D)3

Comprehend the importance of aligning counseling program objectives with outcome measures.

Recognize the ethical responsibility of program evaluators to represent diverse voices in the evaluation process.

Learn the phases and steps involved in conducting a focused program evaluation.

Understand the roles and responsibilities of program evaluators.

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Definitions:

Book Values

The value of an asset as reported on the balance sheet, calculated as the cost of an asset minus accumulated depreciation.

Fair Values

The income from selling an asset or the cost for handling a liability in a methodically organized market deal on the scheduled assessment date.

Business Combination

The process of merging two or more companies into a single entity to achieve operational efficiencies or strategic objectives.

Consolidated Revenues

The total income generated by a corporation and all its subsidiaries, combined to present the overall revenue figures in the financial statements.