Exhibit 13.1 The Following Questions Are Based on the Output Below

question 73

Multiple Choice

Exhibit 13.1
The following questions are based on the output below.
A store currently operates its service system with 1 operator. Arrivals follow a Poisson distribution and service times are exponentially distributed. The following spreadsheet has been developed for the system.
-Which type of queuing system are you likely to encounter at a Wendy's restaurant?

• A) Single waiting line, single service station.
• B) Multiple waiting lines, single service station.
• C) Single waiting line, multiple service stations.
• D) Multiple waiting lines, multiple service stations.

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Definitions:

Equity Method

An accounting technique used by firms to assess the profits earned through their investments in other companies, reflecting the share of earnings in its financial statements.

Controlling Interest

An ownership interest in a business entity through which a shareholder or group of shareholders can exert influence or control over management and operating policies.