Music venue is a concert organizer that is evaluating the installation if portable toilets in the arena where a concert is going to take place. in particular they are considering giving service to a part of the complex that is far away from the existing restrooms. assume there will be one single queue to access all the portable toilets in this area and that only one person uses a toilet at a time. there are 2 arrivals per minute on average, the standard deviation of the time between arrivals is 15 seconds, and the average time a person spends in the toilet is 4 minutes (with standard deviation of 1 minute). mv1. what is the average utilization of 10 toilets? mv2. what is the expected time a customer will have to wait? mv3. how long will the average toilet be empty during a 5-hour concert? mv4. what is going to be the average number of people in the queue? (your answer does not have to be an integer).

Which is part of the sales process? a. customer retention b. billing c. cost planning d. customer relations

Suppose the following items were taken from the balance sheet of nike, inc. (all dollars are in millions.) 1. cash $ 2,316.7 7. inventory $ 2,245.6 2. accounts receivable 2,786.2 8. income taxes payable 80.3 3. common stock 2,841.1 9. equipment 1,783.8 4. notes payable 291.2 10. retained earnings 6,162.5 5. buildings 3,959.7 11. accounts payable 2,624.6 6. mortgage payable 1,092.3 perform each of the following. classify each of these items as an asset, liability, or stockholders’ equity, and determine the total dollar amount for each classification. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) cash accounts receivable common stock notes payable buildings mortgage payable inventory income taxes payable equipment retained earnings accounts payable assets $ 13092 liability $ 4088.4 stockholders’ equity $ 9003.6 etextbook and media determine nike’s accounting equation by calculating the value of total assets, total liabilities, and total stockholders’ equity. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) total assets = total liabilities + total stockholders’ equity

Standardization is associated with which of the following management orientations? a) ethnocentric orientation b) polycentric orientation c) regiocentric orientation d) geocentric orientation