A company is concerned about the number of customers that have to wait for service in their customer service department. Assume
the rate at which customers arrive is 12 per hour. Using the infinite queuing notion for the models presented in the textbook, which of the following is the mean time between arrivals? A) 12 minutes
B) 6 minutes
C) 2 Minutes
D) 1 Minute
E) None of these
The correct answer is a) Gross domestic product (GDP)
Explanation:
Gross domestic product (GDP) is a fiscal measure of the market value of all the final goods and services produced annually. There are two types of GDP, nominal and Real.
