What is the difference between a waiting line model as described in Supplement B and a simulation model of a waiting line problem?
What will be an ideal response?
The waiting line model describes the operating characteristics of interest with known equations. The simulation model actually mimics the arrival of customers and their service, empirically calculating the operating characteristics.
You might also like to view...
If a corporation receives assets other than cash in exchange for stock, it records the assets received at their market value.
Answer the following statement true (T) or false (F)
The ________ is a contractual provision that identifies the law to be applied in the event of a dispute over the terms or the performance of the contract
A. rule of reciprocity B. choice-of-law clause C. per se rule D. Noerr doctrine
The European Union is one of the world's most powerful regional associations with 42 member nations as of 2014
a. True b. False Indicate whether the statement is true or false
When an appeal is filed with the U.S. Supreme Court, the Supreme Court
a. must hear the case if the validity of a federal statute is in question. b. must hear the case if two or more U.S. courts of appeals have decided the legal issue differently. c. has discretion as to which cases it hears. d. must hear all cases.