A toll tunnel has decided to experiment with the use of a debit card for the collection of tolls. Initially, only one lane will be used. Cars are estimated to arrive at this experimental lane at the rate of 750 per hour. It will take exactly four seconds to verify the debit card.
In how much time would you expect the customer to wait in line, pay with the debit card, and leave?
How many cars would you expect to see in the system?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A toll tunnel has decided to experiment with the use of a debit card for the collection of tolls. Initially, only one lane will be used. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
A machine with a cost of $130,000, accumulated depreciation of $85,000, and current year depreciation expense of $17,000 is sold for $40,000 cash. The amount that should be reported as a source of cash under cash flows from investing activities is:A.
Answers (1)
While discussing servicing an automatic transmission, Technician A says that all transmissions have a drain plug to remove the fluid. Technician B says some transmissions are not serviceable from the factory. Who is right?
Answers (1)
The Alford Group had 320,000 shares of common stock outstanding at January 1, 2018. The following activities affected common shares during the year. There are no potential common shares outstanding. 2018 Feb.
Answers (1)
Which of the following events could increase the demand for labor? a. An increase in the marginal productivity of workers b. A decrease in the amount of capital available for workers to use c. A decrease in the wage paid to workers d.
Answers (1)
Can work managers not allow employee to have 15 min breaks? Is anything like that a law or what?
Answers (2)
New Questions in Business
An investor shorts 100 shares when the share price is $50 and closes out the position six months later when the share price is $43. The shares pay a dividend of $3 per share during the six months. What is the investor's profit or loss? a.
Answers (1)
Which term refers to the beginning of the constitution?
Answers (1)
The risks of a focus strategy include: a. decisions by focused competitors to use their resources to serve a wider range of customers' needs. b.
Answers (1)
Floyd Industries stock has a beta of 1.30. The company just paid a dividend of $.30, and the dividends are expected to grow at 4 percent per year. The expected return on the market is 13 percent, and Treasury bills are yielding 4.5 percent.
Answers (1)
Martin is offered an investment where for $ 6 comma 000 today, he will receive $ 6 comma 420 in one year. He decides to borrow $ 6 comma 000 from the bank to make this investment.
Answers (2)