What is a finite-source model? Give an example of its appropriate use

What will be an ideal response?

A finite-source model is one in which the calling population of customers is not infinite. If N is greater than 30 customers, the single-server model with the assumption of an infinite calling population is adequate. Otherwise, the finite-source model is the one to use. Examples may vary but might include the number of students arriving for office hours, the number of machines that need repair, or the number of items expiring in your refrigerator.

Business

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Use the information from Table 5.7, and assume that the most efficient line balance possible has been achieved. What is the total idle time for an eight hour work day?

A) less than an hour and a half B) more than 1:30 but less than or equal to 1:45 C) more than 1:45 but less than or equal to 2 hours D) more than 2 hours

Business

Developing new product designs and new ways of organizing or training are some of the ways in which companies innovate

Indicate whether the statement is true or false

Business