A Finite Population Waiting Line Model Has an Average Service

question 110

Multiple Choice

A finite population waiting line model has an average service time T of 200 minutes and an average time between service requirements U of 300 minutes; the service factor X is

• A) 0.20
• B) 0.40
• C) 0.60
• D) 0.67
• E) 2.5

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Definitions:

Federal Energy Regulatory Commission

The Federal Energy Regulatory Commission (FERC) is a U.S. government agency that regulates the interstate transmission of electricity, natural gas, and oil.

U.S. Justice Department

The federal executive department responsible for overseeing the enforcement of federal laws, including antitrust law, civil rights, and criminal law.

Sherman Act

A landmark federal statute in the field of United States antitrust law passed by Congress in 1890 to prohibit monopolistic business practices.

Restraints of Trade

Legal restrictions or conditions that limit the freedom of businesses or individuals to conduct their trade or business activities unimpeded.