Which of the following descriptions about waiting line models is best?
A) They account for major events such as competitor actions.
B) They account for the random, independent behavior of many customers.
C) They assume that each branch can give the highest expected payoff.
D) They deal with the certainty and stability in demand.

Question

Quizplus · Accepted Answer

Waiting line models account for the random, independent behavior of many customers. Competitor actions and branch capabilities are not necessarily factors in these models. Waiting line models also do not deal with certainty and stability in demand, as random fluctuations are expected to occur.

Which of the Following Descriptions About Waiting Line Models Is