A Waiting Line Model Meeting the Assumptions of M/M/1 Has

question 22

Multiple Choice

A waiting line model meeting the assumptions of M/M/1 has an arrival rate of 2 per hour and a service rate of 6 per hour.What is the utilization factor for the system?

• A)0.25
• B)0.33
• C)0.50
• D)0.67
• E)3.00

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Definitions:

Sellers

Individuals or entities that offer goods or services for sale in a market.

Deadweight Loss

The reduction in economic productivity that happens when a market for a product or service fails to reach or cannot reach equilibrium.

Gasoline Tax

A specific tax levied on the sale of gasoline, often implemented to fund transportation-related projects and to encourage fuel efficiency considerations among consumers.

RSV

Respiratory Syncytial Virus, a common and highly contagious virus that causes respiratory infections, particularly in children.