If the Average Service Rate Is 15 Minutes Per Customer,and

question 43

Multiple Choice

If the average service rate is 15 minutes per customer,and assuming the negative exponential distribution is used to describe the randomness of the service time distribution,then determine the probability that the service time will be less than or equal to 10 minutes.

• A)​zero
• B)​0.49
• C)​0.28
• D)​0.62

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Definitions:

Gardeners

Individuals or businesses specialized in the practice of growing and maintaining plants and lawns for aesthetic and functional purposes.

Product Differentiation

The technique of making a product or service stand out in the market to make it more appealing to a specific target demographic.

Price Competition

A type of competition where businesses focus on selling products and services at lower prices than their competitors.

Tacit Collusion

A form of collusion among competitors in which they cooperate to achieve higher prices or market share without explicit communication.