Examlex
Apple Computer, Inc. collected information on the age of their customers. The youngest customer was 12 and the oldest was 72. To study the distribution of the age among its customers, it is best to use a pie chart.
Multichannel
Pertains to using multiple pathways or platforms to reach customers or conduct business.
Limited Population System
A system where the number of entities (e.g., customers, servers) is fixed or limited, affecting its dynamics and potential bottlenecks.
Unlimited Population
An assumption in certain models or systems where the potential number of entities (customers, particles, etc.) that might interact with the system is considered to be infinite.
Queue Disciplines
Rules or algorithms used to manage the order in which entities are processed or serviced within a queue, such as first-in-first-out (FIFO) or priority ordering.
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