Table 72 the Figure Above Shows the Process for Paying

question 158

Multiple Choice

Table 7.2 The figure above shows the process for paying tuition at a major university.Students are provided their bill for the next term for review,then routed to different tables for questions to be answered before finally paying their tuition at E.The numbers in parentheses are the time in minutes for each step of the process.
-Use the information in Table 7.2.If 60% of the students are routed to C and 40% are routed to D,what is the average capacity per hour for the process?

• A)10 students per hour
• B)6.5 student per hour
• C)8 students per hour
• D)8.4 students per hour

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Definitions:

Straight-Line Depreciation

A method of calculating the depreciation of an asset where the cost is evenly spread over its useful life.

Variable Costs

Expenses that vary in relation to the amount of production or business operations.

Cost Concepts

The principles and classifications used to determine the costs of products, services, and activities, enabling businesses to analyze profitability.

Service Companies

Service companies are businesses that provide intangible products or services to consumers or other businesses instead of selling physical goods.