A Single-Phase Waiting-Line System Meets the Assumptions of Constant Service

question 100

Multiple Choice

A single-phase waiting-line system meets the assumptions of constant service time or M/D/1.Units arrive at this system every 12 minutes on average.Service takes a constant 8 minutes.What is the average length of the queue Lq in units?

• A)0.67
• B)2.5
• C)4.5
• D)5.0
• E)7.5

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Definitions:

Market System

A market economy characterized by investment, production, and distribution decisions that are influenced by the forces of supply and demand, with the prices of goods and services being established in a system where they are allowed to fluctuate freely.

Private Ownership

The legal possession of assets, resources, or property by individuals or corporations rather than by the state or public entities.

Consumer Sovereignty

The concept that consumers' preferences and choices dictate the production and consumption of goods and services in an economy.

Dollar Votes

A term used in economics to describe how consumers show their preferences and exert influence in the market by how they spend their money.