In queuing theory, ______ means that the number of customers or objects in a waiting line system is the same as the number of customers or objects leaving the system—the arrival rate is equal to the service rate.

a. equilibrium
b. steady state
c. FIFO state
d. stable state


b. steady state

Business

You might also like to view...

Avoid distracting mannerisms such as

A) repeating main points. B) coughing or clearing your throat. C) smiling. D) distributing handouts.

Business

A New York carwash owner wanted to open a carwash in Quebec, Canada. He hired a U.S. translator to create signage for the new venture and to design some simple advertising. It was not until the business was opened that he learned that he should have used ________. His French signs actually said "car bath" instead of "car wash."

A. back translation B. linguistic exchange C. Esperanto D. semantic symbolism E. semiotics

Business

Aldi's and Dollar General stores have been expanding their footprint across the United States, opening new locations and competing against traditional discount and grocery store chains, such as Walmart, Target, Kmart, Kroger, Jewel Osco, and Schnucks. Both Aldi's and Dollar General hope to capture a large proportion of the dollars consumers spend on grocery and general merchandise items and have responded to consumer desires for value and convenience of a smaller store. What type of pricing objective are these stores utilizing?

A. Market share B. Return on investment C. Profit D. Survival

Business

Tenants may not:

a. engage in illegal activities on a leased property b. be a nuisance to neighbors c. remove valuable property from the premises d. all of the other specific choices are correct e. none of the other specific choices are correct

Business