Question: 1- Provide and explain/describe an example (i.e. a real physical situation) of a M/M/k/k queueing system. 2-What is the basic economic tradeoff one is trying

1- Provide and explain/describe an example (i.e. a real physical situation) of a M/M/k/k queueing system.

2-What is the basic economic tradeoff one is trying to achieve in a queueing system?

3-What is jockeying, when can it occur, and when can it not occur?

4-What is a key advantage of an M/D/1 queue vs. an M/M/1 queue?

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