A Service Counter Employs Two Servers

question 60

Multiple Choice

A service counter employs two servers.On average,a server requires 8 minutes to process a customer and service times follow an exponential distribution.Customers arrive at the counter at the rate of 12 per hour according to a Poisson distribution.The average number of customers waiting to be served would be

• A)4.444
• B)2.844
• C)1.600
• D)0.893

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Definitions:

Net Assets

The total value of an organization's assets minus its total liabilities, representing the organization's financial health.

Physical Assets

Tangible resources owned by an individual or organization, including equipment, buildings, and land.

Contributed Income

Financial support received by an organization from donations, grants, or philanthropic gifts, as opposed to revenue generated from sales or services.

Financial Ratio

A quantitative analysis used to evaluate a company's financial performance, liquidity, leverage, and efficiency by comparing two financial figure.