When a Company Invents a Product or Service,it Should Have

question 85

Essay

When a company invents a product or service,it should have a right to defend its creativity with intellectual patents.However,there are some countries like Italy and China where piracy and copyright violations are common.How can a corporation prevent this by having some built-in measures in products and services?

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Definitions:

Distribution Of Arrivals

The statistical distribution that shows how often or at what intervals entities arrive at a system or facility.

M/M/1 Model

A basic queueing model that assumes a single server, Poisson process arrivals, and exponential service times, used to analyze wait times and queue lengths.

Arrival Rate

The frequency at which entities like people, goods, or events reach a point of processing or observation.

Service Rate

The Service Rate is a measure of the capability of a service system to handle customer demands or transactions within a given time frame, often used in queuing theory.