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A Waiting-Line System That Meets the Assumptions of M/M/S Has

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A waiting-line system that meets the assumptions of M/M/S has λ = 5, μ = 4, and M = 2. For these values, Po is approximately 0.23077 and Ls is approximately 2.05128. The average number of units waiting in the queue


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Good Faith

An honest intent to act without taking an unfair advantage over another party, often highlighted in contracts and negotiations.

Ordinary Care

The level of diligence and caution that an average person exercises and is expected to exercise in a specific situation.

Altered Amounts

A term related to the unauthorized modification of the numerical value, conditions, or specifications recorded in a financial document or instrument.

Customer's Negligence

Refers to situations where a customer fails to exercise reasonable care, leading to loss or damage.

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