Which One of the Following Is NOT a Characteristic of a Model

question 37

Multiple Choice

Which one of the following is NOT a characteristic of a Model C or M/D/1 system?

• A) single server
• B) single phase
• C) Poisson arrival rate pattern
• D) exponential service time pattern
• E) unlimited population size

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Definitions:

Sherman Antitrust Act

An American legislation passed in 1890 to combat anticompetitive practices, reduce market monopolies, and preserve economic competition.

Robinson-Patman Act

A United States antitrust law aimed at prohibiting price discrimination that could harm competition.

Barriers to Entry

Economic, procedural, or regulatory obstacles that prevent or hinder new competitors from easily entering an industry or market segment.

Market Obstructions

Factors or barriers that hinder the free flow of goods, services, and information in a market, potentially limiting competition or consumer choice.