Use This Information to Answer the Following Questions -Refer to the Table

question 39

Multiple Choice

Use this information to answer the following questions.
$\begin{array}{l|c}\text { Number of Servers } & 1.0 \\\text { Arrival Rate } & 7.00 \\\text { Service Rate } & 10.00 \\\mathrm{P}(0) \text {, probability that there are no customers in the system } & 30 \% \\\mathrm{Lq} \text {, average length of the queue } & 1.63 \\\mathrm{~W} \text {, average time in the system } & 0.33 \\\mathrm{~L} \text {, average number of customers in the system } & 2.33 \\\mathrm{Wq}, \text { average time in the queue } & 0.23 \\\text { Utilization factor of the system } & 70 \% \\\hline\end{array}$

-Refer to the table.What is the average number of customers waiting to be served?

• A)0.23
• B)2.33
• C)0.33
• D)1.63
• E)0.70

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Definitions:

Financial Statement Users

Individuals or groups, such as investors, creditors, and regulatory agencies, who analyze financial statements to make informed decisions.

Cash Flows

The entirety of monetary transactions coming into and going out of a corporation, crucially affecting its immediate financial resources.

Indirect Method

An approach to preparing the cash flow statement where the net income is adjusted for non-cash transactions and changes in working capital to estimate cash flows from operating activities.

Cash Dividends

A distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders in the form of cash.