Customers enter the waiting line at a cafeteria on a first-come, first-served basis. The arrival rate follows a Poisson distribution, while service times follow an exponential distribution
If the average number of arrivals is four per minute and the average service rate of a single server is seven per minute, what is the average number of customers in the system?
A) 0.43
B) 1.67
C) 0.57
D) 1.33
E) None of the above
D
Business
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The process of allocating the cost of a plant asset over its useful life is known as cost reduction
Indicate whether the statement is true or false
Business
Based on the facts in the Management in Action case, if European countries, such as France and Germany, want to create a trade barrier with Huawei, what trading bloc could they utilize?
a. European Union (EU) b. United States-Mexico-Canada Agreement (USMCA) c. North American Free Trade Agreement (NAFTA) d. Asia-Pacific Economic Cooperation (APEC)
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