_____ Is Commonly Used to Describe Processes That Cause a Waiting

question 47

Multiple Choice

_____ is commonly used to describe processes that cause a waiting line for service to form.

• A)Queuing
• B)Stochastic
• C)Loading and sequencing
• D)both a and c
• E)both a and b

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Definitions:

Gross Earnings

The total amount of income received before any deductions or taxes are subtracted.

Net Pay

The amount of money received by an employee after all deductions have been made from the gross salary.

FICA Tax

Federal Insurance Contributions Act tax, which funds Social Security and Medicare, required to be paid by both employees and employers.

Federal Income Tax

A charge imposed by the United States federal government on the yearly income of individuals, corporations, trusts, and other legal bodies.