Universal Essay: Vending Machines Expository Essay …
vendor, the school district will receive $150,000 up front and an additional $150,000 three years later. Commission sales on the soft drinks and snacks will bring in an additional $650,000 over the 10-year period. In the past, the vending machine payments supported student body activities such as sending students to choir concerts and paying athletic participation fees. Part of the income from the latest contract is already earmarked for new artificial turf on the school athletic field at one of the schools.
Vending Machines Expository Essay
You have decided to research this controversy, including what other school districts are doing about their vending machine contracts. Consider a range of alternatives. You will write a business report, including the financial implications, to the Superintendent of Schools stating your position and recommendation.
Mr. Chips manufactures automated vending machines that can prepare a single order of french fries in exactly 45 seconds. The company has placed one of its machines in the student union building of a local community college, where it believes customers will arrive according to a Poisson process at the mean rate of 40 per hour. Determine the average amount of time an arriving customer will have to wait before ordering french fries from the vending machine.