What Is the EMV for Option 3 in the Following

question 39

Multiple Choice

What is the EMV for Option 3 in the following decision table?

• A) 5,000
• B) 21,000
• C) 25,000
• D) 29,000
• E) 34,400

---

Definitions:

Finite Population

A population set that has a limited number of elements or members, making it countable and definable.

Waiting Line Model

A mathematical model used to analyze the processes and efficiency of waiting lines, aiming to optimize service and reduce wait times.

Service Time

The total time a customer is being served, including the time it takes to process an order, deliver a service, or a combination thereof.

Service Requirements

Specifications or conditions that must be met to fulfill a service.