Let us assume the average number of customers served per hour is five customers. What is the probability that the service exceeds 1 hour for any customer?
a. 0.67%
b. 1.23%
c. 0.98%
d. 9.00%
a. 0.67%
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________ are debt securities that a company intends to actively manage and trade for a profit.
What will be an ideal response?
In queuing theory, a queue represents ______.
a. a certain number of customers waiting for service at a facility b. the number of people waiting to attend on customers c. the infrastructure to serve customers d. the service level
Ashley opened an all-you-can-eat buffet restaurant. The price per-person was based on what Ashley believed an average restaurant patron would consume. The restaurant began to lose money
Ashley concluded that her patrons had "above average" appetites, and were attracted to her restaurant because they could eat as much as they wanted while being charged an average price. A similar phenomenon exists in insurance markets. This problem is called A) legal hazard. B) adverse selection. C) attitudinal hazard. D) nondiversifiable risk.
In the ERP system, user ________ are set up to define the access rights for each and every functional user of the system
A) accounts B) GUIs C) applications D) roles E) none of the above