With a Single-Server Model, Increasing the Capital-To-Labor Ratio Will Most

question 37

Multiple Choice

With a single-server model, increasing the capital-to-labor ratio will most likely:

• A) increase the utilization of the server.
• B) have no effect on the operating characteristics because they are affected only by work-methods changes.
• C) decrease the probability that there are zero customers in the system at any time.
• D) decrease the average number of customers in the waiting line.

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Definitions:

Theory of Innovations

A conceptual framework that explains how new ideas, products, and practices spread within a society or from one society to another, often driving economic growth and social change.

Unemployment Insurance Benefits

Financial payments made by the government to individuals who are unemployed and meet certain eligibility requirements.

Discouraged Worker

An individual who is not actively seeking employment due to a belief that no jobs are available for them or there are no suitable job vacancies.

Structurally Unemployed

Individuals who are unemployed due to a mismatch between their skills and the needs of the job market, often because of technological changes or shifts in the economy.