One of the Differences Between a Waiting Line System with a Constant

question 28

True/False

One of the differences between a waiting line system with a constant service time and one with exponentially distributed service times. Customers using the system with the constant service time will have half the waiting time of the customers using the system with Poisson distributed service times.

---

Definitions:

Gross Profit

The difference between sales revenue and the cost of goods sold.

Cost of Goods Sold

The direct monetary outlays for the creation of goods a company markets, including costs for labor and materials.

Cost of Goods Sold

Costs directly incurred from the process of manufacturing goods that a company sells, including the costs of materials and labor.

Merchandise Sales

The revenue generated from selling goods that a company has purchased or produced for resale.