Examlex
Priority :Average Arrival Rate (exponential interarrival times)
High : 3 per hour
Low : 5 per hour
Number of servers: 5
Service rate: 2 per hour (exponential service times)
-What is the average number of all items waiting in line for service?
Specialization of Labor
The division of labor where individuals focus on a limited scope of tasks or skills, leading to increased efficiency and productivity.
Average Fixed Costs
The fixed costs of production (costs that do not vary with the level of output) divided by the quantity of output produced.
Output
Output is the total amount of goods or services produced by a person, machine, business, or country.
Average Costs
Average costs refer to the total cost of production divided by the number of units produced, indicating the cost of producing each unit.
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