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A Business Process Is a Standardized Set of Activities That

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A business process is a standardized set of activities that accomplishes a specific task, such as processing a customer's order.


Definitions:

Poisson Distributions

A distribution in statistics showing the chances of a specified number of occurrences within a set period of time or area.

Service Rate

The speed at which a service provider can deliver its service to customers, often measuring throughput in a system.

Distribution Of Service Times

The variation and pattern of times it takes for a service to be completed, often analyzed to improve process efficiency.

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