Wednesday, January 30, 2013

In the formula to calculate the average waiting time, the manufacturing time is squared

ACCOUNTING

Multiple Choice

In the formula to calculate the average waiting time, the manufacturing time is squared. The reason is

a. the shorter the manufacturing time, the less the chance that the machine will be in use when an order arrives.

b. the shorter the manufacturing time, the greater the chance that the machine will be in use when an order arrives.

c. the longer the manufacturing time, the greater the chance that the machine will be in use when an order arrives.

d. the longer the manufacturing time, the less the chance the machine will be in use when an order arrives.

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