Examlex
What terms refers to the process of taking advantage of different prices for a good in different markets?
Negative Exponential
A type of mathematical function that decreases rapidly from a positive value toward zero, often used to model decay or depreciation processes.
Last-In, First-Served
A method of service or processing where the most recently arrived item or request is dealt with first, opposite to the first-in, first-served principle.
Queue Discipline
The order or method by which queue (wait line) elements are selected for service.
Limited Queue Length
A queue system in which the total number of items or customers that can wait in line is capped or limited.
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