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A service counter employs two servers.On average,a server requires 8 minutes to process a customer and service times follow an exponential distribution.Customers arrive at the counter at the rate of 12 per hour according to a Poisson distribution.The average number of customers waiting to be served would be
Misrepresented
Refers to providing false, misleading, or incorrect information, intentionally or unintentionally, about a product, service, or situation.
Insurable Interest
Any interest in property such that the owner would experience a benefit from the continued existence of the property or a loss from its destruction.
Identified Goods
Items that are designated by the buyer and seller as the specific goods involved in a contract of sale.
Risk Of Loss
The financial and legal responsibility for damages, loss, or destruction of goods during transport or transactions.
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