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For questions 4 to 1 2 : Imagine that you are an investor who has to decide between two types of businesses ( e .

For questions 4 to 12: Imagine that you are an investor who has to decide between two types of businesses (e.g., restaurants) to make your investment. Both businesses have the same average arrival time and the same average service time, but their distributions are different:
Business 1: Customers arrive at a rate of 1 per minute and it takes an average of 0.5 minutes to provide the service to the customer. There is only one server. Interarrival times and service times are exponential.
Business 2: Customers arrive at a rate of 1 per minute and it takes an average of 0.5 minutes to provide the service to the customer. There is only one server. Interarrival time and service time are neither exponentially nor deterministic. The interarrival time has a standard deviation of 0.5 minutes and the service time a standard deviation of 0.5 minutes as well.
Flag question: Question 4
Question 41 pts
What type of queueing model should be used for Business 1?
Group of answer choices
MM1
MD1
GG1
MM2
None of the other answers
Flag question: Question 5
Question 51 pts
What type of queueing model should be used for Business 2?
Group of answer choices
MM1
MD1
GG1
MM2
None of the other answers
Flag question: Question 6
Question 61 pts
What is the service rate for Business 2?
Group of answer choices
0.5 customers/minute
1 customers/minute
1.5 customers/minute
2 customers/minute
None of the other answers
Flag question: Question 7
Question 71 pts
How many customers (on average) are waiting in line to be served in Business 1?
Group of answer choices
0.3125
0.5
0.75
1
None of the other answers
Flag question: Question 8
Question 81 pts
How many customers (on average) are waiting in line to be served in Business 2?
Group of answer choices
0.25
0.3125
0.50
0.8125
None of the other answers
Flag question: Question 9
Question 91 pts
What is the average waiting time (in min) in line of customers in Business 1?
Group of answer choices
0.25
0.31
0.5
1
None of the other answers
Flag question: Question 10
Question 101 pts
What is the average waiting time (in min) in line of customers in Business 2?
Group of answer choices
0.25
0.31
0.5
1
None of the other answers
Flag question: Question 11
Question 111 pts
What is the average waiting time (in min) in the system of customers in Business 1?
Group of answer choices
0.5
0.75
0.81
1.0
None of the other answers
Flag question: Question 12
Question 122 pts
(2 points) You want to compare the utilization of both servers. Which of the following statements is true?
Group of answer choices
The utilization of the server in Business 1 is higher than that of server in Business 2.
The utilization of the server in Business 2 is higher than that of server in Business 1.
Both servers have the same utilization.
We cannot conclude based on the information available.

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