In a Single Server,exponential Service Durations,and Finite Number in System

question 40

Multiple Choice

In a single server,exponential service durations,and finite number in system model there are 4 customers in the system three in line and one being served.What is the probability no new customer will join the line? The probability of zero customers in the system is .375,arrival rate is 18 per hour and the service rate is 24 per hour.

• A)0.093
• B)0.1187
• C)0.256
• D)0.289
• E)0.311

Recognize direct marketing as a promotional alternative that uses direct communication with consumers to generate specific responses.

Identify various sales promotion tools and understand their role in marketing strategies.

Distinguish between different promotional elements such as personal selling, advertising, public relations, and direct marketing.

Assess the strengths and weaknesses associated with sales promotions and direct marketing.

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Definitions:

Project Budget

An estimation of the costs, resources, and revenues over a specified period for a project, forming the financial framework within which a project is executed.

Structured Analysis

A systematic method used in software engineering for converting specified requirements into detailed plans for software design.

Risk Event

An occurrence or situation that has the potential to adversely impact a project's objectives, timelines, or resources.

Known Risks

Risks that have been identified and analyzed, allowing for planned responses.