A Single-Channel Queuing System Has an Average Service Time of 16

question 24

Multiple Choice

A single-channel queuing system has an average service time of 16 minutes per customer, which is exponentially distributed. The manager is thinking of converting to a system with a constant service time of 16 minutes. The arrival rate will remain the same. The effect will be to

• A)increase utilization.
• B)decrease utilization.
• C)increase the average waiting time.
• D)decrease the average waiting time.
• E)not have any effect since the service time is unchanged.

Calculate depletion expense based on the usage of natural resources.

Distinguish between depreciation, depletion, and amortization in asset cost allocation.

Understand and calculate the fixed asset turnover ratio and its significance in evaluating asset utilization efficiency.

Recognize how gains or losses are recorded on the disposal of assets.

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Definitions:

Human Relations Style

An approach to management and interpersonal interactions that emphasizes good personal relationships, understanding, and mutual respect among employees.

Authority-obedience

A management style focused on clear hierarchy and strict adherence to rules and commands, often at the expense of personal autonomy.

Achievement-oriented

A motivation or drive to meet or surpass a certain standard of excellence, often characterized by setting challenging goals and seeking feedback on performance.

Human Relations Style

A management approach focused on improving employee relationships, morale, and job satisfaction.