A small call center normally has five employees answering calls while open. On average, five calls arrive every four minutes. Under normal operating conditions, each employee on average handles each call in 3.5 minutes. But today, one employee has the flu, so the center needs to operate with four employees during this time. The manager is nervous that it may be supply-constrained and so she directs her employees to hurry up their processing of calls today. What is the maximum average processing time (in minutes) for each call that they need to achieve today so that they have a stable queue?

The following selected circumstances relate to pending lawsuits for erismus, inc. erismus’s fiscal year ends on december 31. financial statements are issued in march 2019. erismus prepares its financial statements according to u.s. gaap. required: indicate the amount erismus would record as an asset, liability, or not accrued in the following circumstances. 1. erismus is defending against a lawsuit. erismus's management believes the company has a slightly worse than 50/50 chance of eventually prevailing in court, and that if it loses, the judgment will be $1,000,000. 2. erismus is defending against a lawsuit. erismus's management believes it is probable that the company will lose in court. if it loses, management believes that damages could fall anywhere in the range of $2,000,000 to $4,000,000, with any damage in that range equally likely. 3. erismus is defending against a lawsuit. erismus's management believes it is probable that the company will lose in court. if it loses, management believes that damages will eventually be $5,000,000, with a present value of $3,500,000. 4. erismus is a plaintiff in a lawsuit. erismus's management believes it is probable that the company eventually will prevail in court, and that if it prevails, the judgment will be $1,000,000. 5. erismus is a plaintiff in a lawsuit. erismus’s management believes it is virtually certain that the company eventually will prevail in court, and that if it prevails, the judgment will be $500,000.

Experienced problem solvers always consider both the value and units of their answer to a problem. why?

It is most important to account for factors like warranties and durability when purchasing durable goods or very expensive items