Which of the Following Cannot Be Found by Queuing Formulas

question 2

Multiple Choice

Which of the following cannot be found by queuing formulas?

• A)the average number of units waiting for service
• B)the average time a unit spends in the system
• C)the probability that the service system is idle
• D)the maximum time a unit is in the system

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Definitions:

Expense Budget

A forecast of a company's expected operating expenses for a specific period.

Goods Sold Budget

An estimate of how much revenue a company expects to generate from the sale of goods over a specific period.

Labour Budget

An estimation of the total cost of labor needed to meet production goals, often part of a company's overall budgeting process.

Selling and Administrative

Expenses associated with the general operations of a business, including costs related to sales, marketing, and the management of the company.