An M/M/1 Model and an M/D/1 Model Each Have an Arrival

question 65

True/False

An M/M/1 model and an M/D/1 model each have an arrival rate of 1 per minute and a service rate of 3 per minute;the average queue length of the M/M/1 will be twice that of the M/D/1.

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Definitions:

Deseasonalized

Deseasonalized data refers to the removal of seasonal effects from a time series to better identify trends and other underlying patterns.

Seasonal Index

A coefficient that modifies data to account for seasonal effects, facilitating more accurate trend analysis over time.

Forecasted Sales

Predicted revenues that a company expects to earn in a future period based on historical data, market trends, and analysis.

Trend Equation

A mathematical formula that describes the trend in a set of data, often used in time series analysis to forecast future values.