Which of the Following Is NOT a Measure of a Queue's

question 94

Multiple Choice

Which of the following is NOT a measure of a queue's performance?

• A)average time spent in the queue
• B)average queue length
• C)probability that the service facility will be idle
• D)utilization factor for the system
• E)All of the above are performance measures.

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Definitions:

MC

Marginal Cost represents the change in total cost that arises when the produced quantity of a good is incremented by one unit.

Perfect Competitor

A market situation where numerous buyers and sellers exist, products are identical, and no individual buyer or seller can influence the market price.

Concentration Ratio

An indicator of the percentage of an industry's market controlled by its biggest companies.

Leading Firms

Leading firms are companies at the forefront of their industries, often setting standards and trends for others to follow.