Customers at an Amusement Park Arrive at the Rate of 10

question 76

Multiple Choice

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 time a customer spends in the system.

• A)30 minutes
• B)20 minutes
• C)45 minutes
• D)15 minutes

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Financial Payments

Transactions involving the transfer of money or other monetary instruments from one party to another as compensation or for acquiring goods or services.

Immigration Effects

The impact of immigration on the economy, labor markets, and demographics of a country.

Average Wage Rate

The mean hourly rate of pay for workers in a specific region or sector, calculated by dividing total wages by the number of workers.

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The total value of all goods and services produced within a country's borders within a specific time period, typically measured as Gross Domestic Product (GDP).