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Why Are Vending Machine Prices Often Higher Than Those in a Retail

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Why are vending machine prices often higher than those in a retail store?


Definitions:

Number of Phases

Refers to the stages or steps in a process or project.

Arrival Rate Distribution

A statistical measure used to describe the frequency and pattern of entities arriving at a system or service point over time.

Service Time Distribution

Service time distribution refers to the statistical representation of the variation in time it takes to service customers or complete a task within a system.

Population Size

The total number of individuals or entities in a specified group or area that are the focus of statistical analysis.

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