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Exhibit 13.1 The Following Questions Are Based on the Output Below

question 11

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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. 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 of the following is the typical operating characteristic for average number of units in a queue? A)  W B)  W<sub>q</sub> C)  L D)  L<sub>q</sub>
-Which of the following is the typical operating characteristic for average number of units in a queue?


Definitions:

Revenue

The total income generated by a company from its usual business activities, usually from the sale of goods and services to customers.

Spending Variance

A financial metric that indicates the difference between the budgeted or planned amount of spending and the actual amount spent.

Flexible Budget

A budget that is adaptable and varies according to the changes in activity level or volume.

Net Operating Income

The profit generated from a company's core business operations, excluding deductions of taxes and interest.

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