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

question 3

Multiple Choice

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

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

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Definitions:

Understandability

This refers to the quality of financial information that makes it comprehensible to users who have a reasonable knowledge of business and economic activities.

Liabilities

Financial obligations of a business that represent claims against its assets by outsiders.

Stockholders' Equity

Represents the ownership interest of shareholders in the assets of a company, calculated as total assets minus total liabilities.

Creditors' Risk

The risk to lenders that a borrower will not repay a loan or other credit extended, potentially leading to financial loss.