The Queueing Simulator Returned the Results Shown Below for a System

question 8

Multiple Choice

The Queueing Simulator returned the results shown below for a system with 3 servers. If the firm would like their waiting room to be full no more than 2% of the time, how large must their waiting room be?

• A) 4 customers
• B) 5 customers
• C) 6 customers
• D) 7 customers
• E) 8 customers

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Definitions:

Depreciable Asset

An asset subject to depreciation, which allows for the allocation of its cost over its useful life, reflecting wear and tear, or obsolescence.

Asset Benefits

The economic benefits that accrue to the owner of an asset over its useful life, including cash flows and tax advantages.

Expensed

Costs or charges incurred during a specific period that are recorded immediately against revenues, reducing profit.

Depreciable Amount

The cost of a tangible or intangible asset, less its salvage value, over which the cost is systematically allocated over its useful life.