Examlex
An existing system within the organization that uses older technology is called a(n) :
Arrival Rate
The frequency at which units, entities, or events arrive or occur over a specified period, often assessed in queuing theory and logistics.
Service Rate
The speed at which a service provider can deliver its service to customers.
Waiting Line
Refers to the process where customers or items wait in line for service or processing, commonly studied to improve efficiency in operations management.
Negative Exponential Distribution
A continuous probability distribution concerning time between events in a Poisson point process, representing the likelihood of wait times or life spans.
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