A Single-Channel Queuing System Has an Average Service Time of Eight

question 16

Multiple Choice

A single-channel queuing system has an average service time of eight minutes and an average time between arrivals of 10 minutes. The arrival rate is

• A)6 per hour.
• B)7.5 per hour.
• C)8 per hour.
• D)10 per hour.
• E)12.5 per hour.

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Definitions:

Gross Profits

The difference between revenue and the cost of goods sold, representing the basic profitability of the products or services sold before other expenses.

Payoff Table

A table showing the expected outcomes or results of different strategies or decisions under various conditions.

Payoff Table

A table that shows the outcomes of different decisions under various states of nature.

Expected Opportunity Loss

The anticipated loss in value resulting from failing to select the best choice among several competing options.