Examlex
According to the text,the mode represents the highest peak of the distribution.
Multiphase Queuing System
A type of queuing system where customers go through multiple stages or phases of service.
Bank Office
Typically refers to the administrative and support functions of a bank that are not directly involved in customer-facing services.
Tellers
Employees in a bank who directly deal with customer transactions, such as deposits, withdrawals, and other financial inquiries.
M/M/1 Model
A mathematical model used in queueing theory to describe a single server queue with Poisson arrivals and exponentially distributed service times.
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