The seaboard shipping company has a warehouse terminal in spartanburg, south carolina. the capacity of each terminal dock is 3 trucks. as trucks enter the terminal, the drivers receive numbers, and when one of the three dock spaces becomes available, the truck with the lowest number enters the vacant dock. truck arrivals are poisson distributed, and the unloading and loading times (service times) are exponentially distributed. the average arrival rate at the terminal is 5 trucks per hour, and the average service rate per dock is 2 trucks per hour (30 minutes per truck).compute l, lq, w, and wq. (round answers to 1 decimal place, e. g. 15.5.)

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

It is answer choice (a.) true.