What is the probability that therebeate klingenberg manages a poughkeepsie, new york, movie theater complex called cinema 8. each of the eight auditoriums plays a different film; the schedule staggers starting times to avoid the large crowds that would occur if all 8 movies started at the same time. the theater has a single ticket booth and a cashier who can maintain an average service rate of 300 patrons per hour. service times are assumed to follow an exponential distribution. arrivals on a normally active day are poisson distributed and average 210 per hour. to determine the efficiency of the current ticket operation, beate wishes to examine several queue- operating characteristics.

a) find the average number of moviegoers waiting in line to purchase a ticket.

b) what percentage of the time is the cashier busy?

c) what is the average time that a customer spends in the system?

d) what is the average time spent waiting in line to get to the ticket window?

e) what is the probability that there are more than two people in the system?

what is the probability that there are more than three people in the system ?

what is the probability that there are more than four people in the system?

For each of the following situations, indicate whether you agree or disagree with the financial reporting practice employed and state the basic assumption, component, or accounting principle that is applied (if you agree) or violated (if you disagree).wagner corporation adjusted the valuation of all assets and liabilities to reflect changes in the purchasing power of the dollar. spooner oil company changed its method of accounting for oil and gas exploration costs from successful efforts to full cost. no mention of the change was included in the financial statements. the change had a material effect on spooner's financial statements. cypress manufacturing company purchased machinery having a five-year life. the cost of the machinery is being expensed over the life of the machinery. rudeen corporation purchased equipment for $180,000 at a liquidation sale of a competitor. because the equipment was worth $230,000, rudeen valued the equipment in its subsequent balance sheet at $230,000.davis bicycle company received a large order for the sale of 1,000 bicycles at $100 each. the customer paid davis the entire amount of $100,000 on march 15. however, davis did not record any revenue until april 17, the date the bicycles were delivered to the customer. gigantic corporation purchased two small calculators at a cost of $32.00. the cost of the calculators was expensed even though they had a three-year estimated useful life. esquire company provides financial statements to external users every three years.