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.
Answer:B
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.