A certain delivery service offers both express and standard delivery. Seventy-five percent of parcels are sent by standard delivery, and 25% are sent by express. Of those sent standard, 80% arrive the next day, and of those sent express, 95% arrive the next day. A record of a parcel delivery is chosen at random from the company's files.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A certain delivery service offers both express and standard delivery. Seventy-five percent of parcels are sent by standard delivery, and ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The deferred income tax liability: Multiple Choice Results from the income tax expense reported on the income statement differing from the amount of income taxes payable to the government. Is a contingent liability.
Answers (1)
In what year was the american heart association founded
Answers (1)
Of the 125,000 shares of common stock issued by Vey Corp., 25,000 shares were held as treasury stock at December 31, 20X4.
Answers (1)
1. Improvements in technology. 2. Increases in the supply (stock) of capital goods. 3. Purchases of expanding output. 4. Obtaining the optimal combination of goods, each at least-cost production. 5.
Answers (1)
One way to increase reliability is to: a. improve component design. b. increase the number of service stations. c. increase mean repair time. d. increase the number of dependent components. e. reduce production capacity.
Answers (1)
New Questions in Business
Areas set up to attract foreign investments by allowing the iportation of raw and intermediate materials without paying tariffs are called
Answers (1)
The Wheeler-Lea Act empowered the FTC to regulate the advertising of food and drugs. It declared all misleading, unfair, or deceptive practices to be illegal, regardless of injury to competition. a. True b. False
Answers (1)
Along with higher return comes
Answers (1)
Kalyan Corporation uses the FIFO method in its process costing system. Operating data for the Enameling Department for the month of May appear below: Units Percent Complete with Respect to Conversion Beginning work in process inventory 1,800 20 %
Answers (1)
Pager, a simple personal device for short messages, became famous in the 1990s. Troveron Communications launched a pager in the early twenty-first century.
Answers (1)