This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A queuing theory analysis for bank teller windows comes up with a value of 0.10 for P, indicating ... (Read 23 times)

Capo

  • Hero Member
  • *****
  • Posts: 545
on: Jul 6, 2018
A queuing theory analysis for bank teller windows comes up with a value of 0.10 for P, indicating that customers are likely to wait about 10 minutes for each transaction.
 
  Indicate whether the statement is true or false.

Question 2

Using a fixed-point reordering system, a business might order new inventory when it is down to about one-third of its maximum stock.
 
  Indicate whether the statement is true or false.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pami445

  • Sr. Member
  • ****
  • Posts: 303
Reply #1 on: Jul 6, 2018
Answer to Question 1

Answer: FALSE
Explanation: A value of 0.10 for P indicates that the limit that has been set will be exceeded 10 percent of the time.

Answer to Question 2

Answer: TRUE
Explanation: Fixed-point reordering typically identifies the reordering point at some fixed time along the way, such as when inventory is reduced to one-third of its maximum.


Capo

  • Member
  • Posts: 545
Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)

xthemafja

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Relaxed ear position of a bored or resting horse. Lower lip is loose, also indicating relaxation. Th Relaxed ear position of a bored or resting horse. Lower lip is loose, also indicating relaxation. Th
Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ... Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ...
GENETIC ANALYSIS GENETIC ANALYSIS
GENETIC ANALYSIS GENETIC ANALYSIS
Emerson’s Three-Point Test-Cross Analysis Emerson’s Three-Point Test-Cross Analysis
Global analysis of yeast deletion mutants Global analysis of yeast deletion mutants
Video: Glycolysis - Introduction to ATP and the burning of sugar

For a complete list of videos, visit our video library