Which of the Following Is Not Considered to Be a Valid

question 53

Multiple Choice

Which of the following is not considered to be a valid performance measure of a waiting line system?

• A) the average number of customers waiting in line
• B) the average number of customers in the system
• C) the average amount of time customers spend waiting
• D) the arrival pattern
• E) the system utilization rate

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Definitions:

Market Value

The cost at which you can currently buy or sell a service or asset in the open market.

Par Value

The nominal or face value of a bond, stock, or coupon as stated by the issuer, which may not necessarily reflect its market value.

Stock Split

A corporate action where a company divides its existing shares into multiple shares to boost the liquidity of the shares, though the overall value of the company remains the same.

Market Value

The market price at which an asset or service can be transacted currently.