Based on the Simulation Results,the Average Time a Customer Has

question 81

Multiple Choice

Based on the simulation results,the average time a customer has to spend in the queue is ________.

• A)18 minutes 54 seconds
• B)23 minutes
• C)35 minutes 11 seconds
• D)10 minutes 54 seconds

---

Definitions:

Spending Variance

The difference between the actual amount spent and the budgeted or planned amount in a given period.

Planning Budget

A budget prepared for a specific level of activity, used for planning and controlling costs and resources in advance.

Travel Expenses

Costs incurred by an employee or a business when travelling for business purposes, which can include accommodations, meals, transportation, and other expenses.

Spending Variance

The difference between the actual amount spent and the budgeted or expected amount, used in budgeting and financial planning.