Which of the Following Is NOT One of the Commonly

question 13

Multiple Choice

Which of the following is NOT one of the commonly used measures of the queuing model?

• A)average number of customers waiting in line
• B)average time a customer spends waiting in line for service
• C)average value of transaction by the customer
• D)capacity utilization factor for the system

---

Definitions:

Compounded Monthly

A method of interest calculation where the interest earned each month is added to the principal, thus earning more interest in the following month.

Compounded Monthly

The process of calculating interest on the initial principal and the accumulated interest from previous periods monthly.

Amortized

The steady decrease of an owed sum through consistent payments towards both the interest and the principal over a set duration.

Total Debt Service Ratio

A debt measurement ratio that calculates an individual's total debt payments relative to their gross income.