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M12.3 Use Little's Flow equations to solve the following problems. a) A car rental company at a major airport has 70% of its fleet of 200 cars rented each day on average. Cars are rented for an average of 4 days. How many rentals are processed each day on average? b) A wealth management company is able to process 300 customer statements (bills) per day. The average processing time is six (6) days. What is the average number of statements (bills) the company has in process at any time? c) An accounting firm is capable of processing 20EZ tax forms per day and the average number of forms on hand in the office is 64 forms. What is the average processing time per EZ tax form? d) A custom machine shop can process 25 orders per day. The average processing time is 4 days. What is the average number of orders that are in process at any time? e) A manufacturer's average work-in-process inventory for Part 1234 is 1,250 parts. The workstation produces parts at the rate of 150 parts per day. What is the average amount of time a part spends at the workstation? f) The average number of hotel rooms occupied per day during the month of March is 225 . Rooms are booked on average for 2.5 days. On average, how many new bookings occur each day