In the Basic Queuing Model (M/M/1), Service Times Are Described

question 61

Multiple Choice

In the basic queuing model (M/M/1) , service times are described by

• A) binomial probability distributions
• B) negative exponential probability distributions
• C) Poisson probability distributions
• D) normal probability distributions
• E) lognormal distributions

---

Definitions:

Growth Rate

The rate at which a company's sales, earnings, dividends, or other financial indicators increase over a period of time.

EBIT

A profitability metric, Earnings Before Interest and Taxes, includes all company expenses with the exception of interest and tax charges.

Tax Rate

A proportion or rate at which an individual or business is taxed by the government, often expressed as a percentage.