Which of the Following Is Not a Criterion for Capacity

question 38

Multiple Choice

Which of the following is not a criterion for capacity planning?

• A) Average customer waiting time.
• B) Probability of excessive waiting.
• C) The rate of departure.
• D) Probability of sales lost because of inadequate waiting area.

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Definitions:

Paasche Price Index

An economic measure that calculates the change in the level of prices of a basket of goods and services purchased in the current period, compared to a base period, using the quantities bought in the current period.

Laspeyres Price Index

An economic measure that calculates the change in the cost of acquiring a fixed basket of goods and services, based on the prices of those goods and services in a base period.

Laspeyres Price Index

An economic index that calculates the change in the price level of a basket of goods and services based on the prices and quantities consumed in a base period.

Consumptions

The process of using goods and services to satisfy wants or needs, often measured as an important component of economic activity.