A Finite Population Waiting Line Model Has an Average Service

question 51

Multiple Choice

A finite population waiting line model has an average service time T of 100 minutes and an average time between service requirements U of 400 minutes; the service factor X is

• A) 0.20
• B) 0.25
• C) 4
• D) 5
• E) 300 minutes

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Definitions:

Entrepreneurship

The process of creating and managing a business to achieve desired objectives.

Small Businesses

Enterprises or firms characterized by fewer employees, lower annual revenue, and smaller scale of operations than larger corporations.