After sitting all day at the hairdresser in front of the school for the past month and observing various things, I found the following facts. Hairdresser: 1

Number of guests: It varies from time to time, but on average 2 people per hour.

Average service time (actual haircut): 15 minutes

Average waiting time (time waiting for your turn): 5 minutes

1) What is the average flow time?

2) What is the flow rate?

3) What is the cycle time?

4) How much is the hairdresser's utilization?

5) On average, how many customers are in the salon? (Time average)

Technology corp. is considering a $238,160 investment in a new marketing campaign that it anticipates will provide annual cash flows of $52,000 for the next five years. the firm has a 6% cost of capital. what should the analysis indicate to the firm's managers?

Wilson company paid $5,000 for a 4-month insurance premium in advance on november 1, with coverage beginning on that date. the balance in the prepaid insurance account before adjustment at the end of the year is $5,000, and no adjustments had been made previously. the adjusting entry required on december 31 is: (a) debit cash. $5,000: credit prepaid insurance. $5,000. (b) debit prepaid insurance. $2,500: credit insurance expense. $2500. (c) debit prepaid insurance. $1250: credit insurance expense. $1250. (d) debit insurance expense. $1250: credit prepaid insurance. $1250. (e) debit insurance expense. $2500: credit prepaid insurance. $2500.

Post test question number 9 for entering the job market