Risa,Inchas Provided the Following Extracts from Their Budget for the First

question 37

Multiple Choice

Risa,Inc.has provided the following extracts from their budget for the first quarter of the forthcoming year: $$\begin{array} { | l | c | c | c | } \hline & \text { Jan } & \text { Feb } & \text { March } \\\hline \text { Purchases on account } & \$ 274,000 & \$ 295,000 & \$ 330,000 \\\hline\end{array}$$ The vendors are allowed the following terms of payment:
$$\begin{array} { | l | l | } \hline \text { Month of purchase } & 10 \% \\\hline \text { First month after the purchase } & 35 \% \\\hline \text { Second month after the purchase } & 35 \% \\\hline\end{array}$$ Calculate the total payment on account for the month of March.

• A) $125,925
• B) $179,235
• C) $330,000
• D) $232,150

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Definitions:

Arrival Rate Distribution

In queuing theory, it is the probability distribution of the frequency at which entities arrive at a system to receive service.

Number of Phases

The distinct stages through which a process, project, or phenomenon passes.

Number of Channels

Refers to the methods or pathways through which a product or service is distributed from the manufacturer or provider to the consumer.

Queue Discipline

The policy or rule set dictating the order in which tasks or customers are serviced, such as first-come-first-served or priority-based.