Examlex
For any waiting line system, (Average number of units in waiting line) = (Total waiting time) divided by (Total time of simulation).
Credit Sales
Sales made by a business where the payment is delayed as per an agreement between the buyer and the seller.
Current Ratio
A ratio indicating the capability of a company to cover its obligations that are due in less than one year, calculated through the division of its current assets by its current liabilities.
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