A Waiting Line Meeting the Assumptions of M/M/1 Has an Average

question 105

Multiple Choice

A waiting line meeting the assumptions of M/M/1 has an average time between arrivals of 15 minutes, and it services items in an average of 10 minutes each. What is the utilization factor?

• A) 0.25
• B) 0.33
• C) 0.50
• D) 0.67
• E) 1.50

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Definitions:

Actual Authority

The explicit power granted to an agent by a principal, allowing the agent to act on the principal's behalf.

Scope

The extent or range of view, work, or activity; the breadth of a project or operation.

Promoter

In a business context, a promoter is an individual or entity involved in organizing and starting a company, raising capital, and taking the necessary steps to establish it.

Unincorporated Business

A business structure without a separate legal entity from its owner, where the owner is personally responsible for the business's debts and obligations.