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Consider the following computer applications: (1) At a catalog sales firm,as phone orders are entered into their computer,both inventory and credit are immediately checked.
(2) A manufacturer's computer sends the coming week's production schedule and parts orders to a supplier's computer.
Which statement below is true for these applications?
Arrival Rate
In queuing theory, it is the average number of items or people arriving at a service facility within a specified period of time.
Service Rate
Service rate is a measure used in service and operations management to denote the speed at which service providers can serve customers or process transactions.
Average Time
The mean duration of a set of time intervals.
Queue
A sequence of items or people waiting in line to be processed or serviced, often managed on a first-come, first-served basis.
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