Which of the cost estimates and performance measures are not used for economic analysis of a queueing system?
A. Cost per server per unit of time
B. Cost per unit of time for a customer waiting in the system
C. Average number of customers in the system
D. Average waiting time of customers in the system
Answer: Option D
This Question Belongs to Management >> Operations Research
A. Is possible when the variables value is known
B. Reduces the scope of judgement & intuition known with certainty in decision-making
C. Require the use of computer software
D. None of the above
A. Must be deterministic
B. Requires computer aid for its solution
C. Represents data in numerical form
D. All of the above
A physical model is example of.
A. An iconic model
B. An analogue model
C. A verbal model
D. A mathematical model
The qualitative approach to decision analysis relies on.
A. Experience
B. Judgement
C. Intuition
D. All of the above
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