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Customers at an amusement park arrive at the rate of 10 customers per hour.The entry booth is staffed by one employee.The mean service time at the booth to provide service to each customer is 5 minutes.The arrival rate follows a Poisson distribution,and the service time at the booth follows a negative exponential distribution.Determine the average number of customers waiting in line.
Alternative Evaluation
The process of assessing the advantages and disadvantages of different options before making a purchasing decision.
Consumer Purchase Decision
The process a consumer goes through in choosing a particular product or service, influenced by internal and external factors.
Financial Transaction
An agreement or exchange between two parties involving the transfer of money, goods, services, or property.
Alternative Evaluation
The process in which consumers assess various products, brands, or services to make an informed decision before making a purchase.
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