A Distribution of Service Times at a Waiting Line Indicates

question 63

Multiple Choice

A distribution of service times at a waiting line indicates that service takes 12 minutes 30% of the time and 14 minutes 70% of the time. In preparing this distribution for Monte Carlo analysis, the service time 13 minutes would be represented by the random number range

• A) 00 through 29.
• B) 01 through 30.
• C) 30 through 99.
• D) 31 through 00.
• E) None of these; 13 minutes is not a possible outcome.

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Definitions:

Voting Patterns

Refers to the trends and tendencies in how different groups of people vote in elections, influenced by factors such as demographics, socioeconomic status, and political beliefs.

Regulatory Capture

A situation where regulatory agencies are dominated by the industries or interests they are charged with regulating, leading to decision-making that benefits the industry at the expense of the public interest.

Government Control

The extent to which governmental bodies regulate or direct economic activities, industries, and market practices.

Industry

A sector of the economy that is made up of manufacturing, production, and services in a particular field or type of product.