An accounting firm is capable of processing 24 EZ tax forms per day, and the average number of forms on-hand in the office is 60 forms. What is the average processing time per EZ tax form? Assume Little's Law is applied. Round your answer to two decimal places.

An accounting firm is capable of processing 24 EZ tax forms per day, and the average number of forms on-hand in the office is 60 forms. What is the average processing time per EZ tax form? Assume Little's Law is applied. Round your answer to two decimal places.

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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