A Queuing Model Which Follows the M/M/1 Assumptions Has λ

question 18

Multiple Choice

A queuing model which follows the M/M/1 assumptions has λ = 2 and μ = 8.The average number in the system is ________ and the utilization of the system is ________.

• A)3;100%
• B)0.33;25%
• C)4;33%
• D)6;25%
• E)4;25%

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Definitions:

Subscriptions Receivable-Common Stock

Represents the amount owed by investors who have subscribed to a company’s common stock but have not yet paid in full.

Paid in Capital in Excess

The amount received from investors for stock, exceeding its par or stated value, also known as additional paid-in capital.

Par Value

The face value of a stock or bond as specified by the issuing company, often used in accounting to record the equity or debt issued.

Preferred Stock

A class of ownership in a corporation that has a higher claim on the assets and earnings than common stock, often with dividends that are paid out before those of common shares.