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Students arrive randomly at the help desk of the computer lab. There is only one service agent, and the time required for inquiry varies from student to student. Arrival rates have been found to follow the Poisson distribution, and the service times follow the negative exponential distribution. The average arrival rate is 12 students per hour, and the average service rate is 20 students per hour. What is the utilization factor?
Foreign Aid
Financial or other assistance provided by one country to another, often aimed at promoting development, humanitarian relief, or economic stability.
Core Capitalist Country
A country that is at the forefront of capitalism, having well-developed industries, technological advancements, and a significant influence on global economic policies.
Peripheral Capitalist Country
A term used in world-systems theory to describe countries that are less economically developed and often exploited by more developed core countries, mainly focusing on exporting raw materials.
Geopolitical Position
The strategic significance of a country's location on the global stage, in terms of politics, economics, and military strategy.
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