Exhibit 13.5 The Following Questions Refer to the Information and Output Below

question 15

Short Answer

Exhibit 13.5
The following questions refer to the information and output below.
A computer printer in a large administrative office has a printer buffer (memory to store printing jobs) capacity of 3 jobs. If the buffer is full when a user wants to print a file the user is told that the job cannot be printed and to try again later. There are so many users in this office that we can assume that there is an infinite calling population. Jobs arrive at the printer at a Poisson rate of 55 jobs per hour and take an average of 1 minute to print. Printing times are exponentially distributed. The following queuing analysis spreadsheet was developed from this information.
-Refer to Exhibit 13.5. Based on this report what is the average number of jobs waiting to be printed?

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Definitions:

Personal Income Tax

A tax levied by governments on individuals or households based on their income, with the rate often varying based on income levels.

Dividend Payout Rate

A measure of the percentage of earnings a company pays to its shareholders in the form of dividends.

High Dividend

Refers to stocks or securities that pay out significant portions of profit in the form of dividends compared to their stock price.

High Dividend Payout

A scenario where a company distributes a large portion of its earnings to its shareholders in the form of dividends.