In the Basic Queuing Model (M/M/1), What Probability Distribution Describes

question 24

Multiple Choice

In the basic queuing model (M/M/1) , what probability distribution describes arrival rates?

• A) continuous
• B) normal
• C) negative exponential
• D) Poisson
• E) lognormal

---

Definitions:

Flexible Policy

A strategy or guideline that allows for adjustments and adaptations in response to changing conditions or information.

Payables Manager

A financial professional responsible for managing a company's accounts payable, ensuring timely payment of invoices and maintaining vendor relationships.

Accounts Receivable Balance

The overall financial dues that customers owe a business for the receipt of goods or services which are unpaid.

Finance Charges

The cost of borrowing money, including interest and other fees, that a lender charges a borrower for the use of funds.