A Waiting Line, or Queuing, System Has Three Parts, Which

question 51

Multiple Choice

A waiting line, or queuing, system has three parts, which are:

• A) distribution of arrival times, discipline while waiting, and distribution of service times.
• B) arrival rate, service rate, and utilization rate.
• C) arrival discipline, queue discipline, and service sequencing.
• D) arrivals or inputs, queue discipline or the waiting line itself, and the service facility.
• E) sequencing policy, penalty for reneging, and expediting of arrivals.

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Definitions:

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The amount of money required to purchase a good or service.

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A financial statement that shows profits or losses at one point in time.

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The ability of a business to earn a profit, calculated as the difference between its revenue and expenses.

Finance Manager

A professional responsible for managing an organization's financial health by planning, directing, and coordinating investments.