Which of the Following Is Most Likely to Be Served

question 59

Multiple Choice

Which of the following is most likely to be served in a last-in, first-served (LIFS) queue discipline?

• A) customers checking out at a grocery store
• B) the in-basket on a manager's desk
• C) patients entering a hospital emergency room
• D) patrons waiting to be seated in a casual-dining restaurant
• E) customers waiting to see a bank teller

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Definitions:

Economy-Wide Factors

Broad macroeconomic factors that affect the economic framework within which firms and industries operate, including inflation rates, interest rates, and overall economic growth.

Industry Factors

Industry factors involve the specific conditions, trends, and influences affecting the performance and profitability of companies within a particular sector.

Net Profit Margin

A profitability ratio calculated by dividing net income by revenue, showing how much of each dollar in revenues results in profit.

Industry-Wide Ratios

Comparative metrics that evaluate the financial health or performance of companies across a specific industry, facilitating benchmarking.