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A manager assembled the following information about an infinite source waiting line system: 5 servers, an arrival rate of 6 per hour, and a service time of 20 minutes.The manager has determined that the average number of customers waiting for service is 0.04.Determine each of the following:
(A) the system utilization
(B) the average waiting time in line in minutes
(C) the average time in the system
(D) the average number in the system
Marginal Benefit
The increased happiness or advantage someone gets from using another unit of a certain good or service.
Marginal Benefit
The additional satisfaction or utility gained from consuming or producing one more unit of a good or service.
Marginal Cost
The cost of producing one additional unit of a product or service, which varies depending on the level of production.
Custom Sound Systems
Tailor-made audio setups designed according to the specific preferences or requirements of the user.
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