What Is an Enterprise Resource Planning System

question 30

Essay

What is an enterprise resource planning system?

---

Definitions:

Average Service Rate

A measure of how quickly a service provider or system can perform its intended function, typically evaluated over a period to assess efficiency.

Average Service Time

The average duration needed to complete a particular service or process.

M/M/S

A queuing model notation representing a system with exponential service times, exponential interarrival times, and S servers.

Average Number

Represents the mean or central value of a set of numbers, calculated by dividing the sum of all the values by the number of values.