A Single-Phase Waiting-Line System Meets the Assumptions of Constant Service

question 54

Multiple Choice

A single-phase waiting-line system meets the assumptions of constant service time or M/D/1. Units arrive at this system every 10 minutes on average. Service takes a constant 6 minutes. What is the average length of the queue, L_q, in units?

• A) 0.450
• B) 0.133
• C) 4.167
• D) -2.083
• E) 6

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Definitions:

Cash Subscriptions

Funds received from investors in exchange for new shares of stock when a company goes through a capital raising event.

Statement of Cash Flows

A document summarizing the comprehensive cash income from operational and external investment activities, and the cash expenditures on business operations and investments within a set period for a company.

Income Statement

A financial statement that shows a company's revenues, expenses, and profit or loss over a specific period.

Adjusting Entry

Adjusting entries are journal entries made in accounting records at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.