For a Single-Line, Multi-Server, Single-Phase Waiting Line System, Where

question 51

Multiple Choice

For a single-line, multi-server, single-phase waiting line system, where  represents the mean arrival rate of customers and  represents the mean service rate for each of s identical servers, what is the formula for the average utilization of the system?

• A)  / 
• B)  / (    )
• C)  / s 
• D) s / (    )
• E)  / s(    )

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Definitions:

Net Cash Inflows

The total amount of cash received by a company during a specific period, minus the total amount of cash outflows.

Payback Period

The length of time required to recover the cost of an investment, calculated by dividing the initial investment by the annual cash inflow.

Discount Rate

The interest rate used to discount future cash flows to their present value, reflecting the time value of money and risk.

Initial Investment

The initial outlay of money required to start a project, purchase an asset, or invest in a business venture.