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If the commodity's futures price declines
1. the long position profits
2. the short position profits
3. the buyer of the contract profits
4. the seller of the contract profits
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.
Priority
The importance or precedence given to a task or project, often based on urgency, impact, or resources, dictating the order of operations or attention.
Queue's Performance
The effectiveness of a queuing system as measured by various metrics, such as waiting times, queue lengths, and service level.
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