Question: Practice Problems Set -2 1. Checking accounts at a local bank carry an average balance of $3000. The bank turns over its balance 6 times

Practice Problems Set -2 1. Checking accounts at a local bank carry an average balance of $3000. The bank turns over its balance 6 times a year. On average, how many dollars flow through the bank each month? 2. Due to a turnover, a company hires 200 employees each year, on average. Assume that an average stay of an employee in the company is 5 years. On average, how many employees does the company have? 3. VW is a popular sandwich shop on campus during lunch hours. The arrival rate is 40 students/hour from 10 to 11 am, 80 students/hc from 11am to 12pm, 100 students hour from 12 to 1pm, and 10 students/hour from 1 to 2pm. Suppose that there are no students arriving before 10am or after 2pm. Also suppose the arrival of students is uniform within each time segment. The sandwich shop serves students at a constant rate of 50students/hour. What is the maximum number of students waiting between 10am to 2pm? 2 1012 258 words LE Focus E 100N

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