A Waiting Line Model Meeting the Assumptions of M/M/1 Has

question 97

Multiple Choice

A waiting line model meeting the assumptions of M/M/1 has an arrival rate of 2 per hour and a service rate of 6 per hour; the utilization factor for the system is approximately

• A) 0.25
• B) 0.33
• C) 0.50
• D) 0.67
• E) 3.00

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Definitions:

Fair Compensation

Fair Compensation is equitable financial remuneration given to an employee for their services or to a party as reparation for loss, damage, or injury.

Safe-Deposit Box

A secure container, usually found in banks or private vaults, where individuals can store valuable items such as documents and jewelry.

Deliver

means to take something to a person or place where it is supposed to go, fulfilling a delivery requirement.

Rightful Owner

An individual or entity that is legally entitled to possession or ownership of property or assets.