A waiting line, or queuing, system has three parts, which are:
A) distribution of arrival times, discipline while waiting, and distribution of service times.
B) arrival rate, service rate, and utilization rate.
C) arrival discipline, queue discipline, and service sequencing.
D) arrivals or inputs, queue discipline or the waiting line itself, and the service facility.
E) sequencing policy, penalty for reneging, and expediting of arrivals.
D
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Factors that capture the seasonal contribution to demand in each period during the year are called ______.
A. seasonal patterns B. seasonal indices C. seasonal signals D. seasonal indicators
In the high-involvement approach to management where is the power pushed to?
*a. lower levels of employees b. higher levels of employees c. higher levels of senior management d. lower levels of senior management
A check is dishonored if:
A) it is presented for payment directly to the payor/drawee bank for immediate payment, which is refused. B) a payor bank makes timely return of the check. C) the payor bank becomes accountable for the amount of the check but has not yet made payment. D) All of these.
What recommendations would you offer to someone who is trying to break poor financial habits and save money in order to achieve his or her financial goals?
What will be an ideal response?