Queuing discipline refers to:
A) the reason waiting occurs in underloaded systems.
B) the willingness of customers to wait in line.
C) the order in which customers are processed.
D) how constant the interarrival times are.
Answer: C
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An appraiser, in arriving at an estimate of value secured under each of the three approaches in appraising:
A: Averages the estimates; B: Assigns weights to the estimates and then averages them; C: Chooses the approach the appraiser judges as best and uses that approach alone; D: Explains why or why not the other approaches were not used, then chooses the one the appraiser believes to be the most appropriate approach.
Which type of buying situation would be preferred if the management wants to minimize decision-making time and effort
What will be an ideal response?