With a Finite-Source Model, Increasing the Arrival Rate by 10

question 99

Multiple Choice

With a finite-source model, increasing the arrival rate by 10 percent and also increasing the service rate by 10 percent will result in:

• A) a decrease in the utilization of the server.
• B) no change in the average number of customers in the system.
• C) an increase in the average number of customers in the waiting line.
• D) an increase in the waiting time in line.

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Definitions:

Competitive Advantage

A unique advantage a company has over its competitors that allows it to generate greater sales or margins.

Business Portfolio Analysis

A technique that managers use to quantify performance measures and growth targets to analyze their firms’ strategic business units (SBUs) as though they were a collection of separate investments.

Growth Opportunities

Potential scenarios or strategies that may lead to an increase in sales, market share, or business expansion.

Competitive Advantage

The attribute that allows an organization to outperform its competitors, due to factors like superior quality, cost structure, customer service, or innovation.