Which of the Following Represents an Unlimited Queue

question 98

Multiple Choice

Which of the following represents an unlimited queue?

• A) drive-through lane at a fast-food restaurant
• B) small barbershop with only 5 chairs for waiting customers
• C) toll booth serving automobiles on an interstate
• D) faculty office with limited seating during office hours
• E) restaurant with no outside seating and limited capacity due to fire department restrictions

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Definitions:

Economic Order Quantity

A formula designed to determine the optimal order size to minimize the costs of holding and ordering inventory.

Net Present Value

The calculation of the present value of an investment's expected cash inflows minus the costs.

Cash Sales Policy

A policy adopted by businesses that requires all purchases to be paid for in cash at the time of sale.

Net 30 Credit Policy

A credit term indicating that payment is due in full 30 days after goods are delivered or services are performed.