With a single-server model, increasing the service rate while holding all other factors constant will:

A) increase the utilization of the server.
B) increase the time spent per customer.
C) decrease the probability that there are two customers in the system at any time.
D) decrease the arrival rate of customers.

C

Business

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Which one of the following is most useful for measuring the bias in a forecast?

A) cumulative sum of forecast errors B) standard deviation of forecast errors C) mean absolute deviation of forecast errors D) percentage forecast error in period t

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A free trade area ________

A) is complete political and economic integration of two or more countries B) eliminates trade barriers among member countries C) allows workers to move freely among trade nations D) avoids problems stemming from trade deflections

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