In Waiting Line Problems,the Interarrival Time Is Assumed to Follow

question 68

Multiple Choice

In waiting line problems,the interarrival time is assumed to follow a probability distribution known as ______.

• A)Poisson distribution
• B)binomial distribution
• C)normal distribution
• D)negative exponential distribution

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Definitions:

Government Program

An initiative undertaken by a government body to achieve specific social, economic, or political objectives, often involving expenditure from public funds.

Subsidy

Financial assistance granted by the government, organizations, or individuals to support businesses, markets, or activities deemed beneficial to the public interest.

Demand Curve

A graphical representation of the relationship between the price of a good or service and the quantity demanded by consumers.

Price Ceiling

A legally imposed limit on how high a price can be charged for a product, service, or commodity.