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Figure 6S-1
Customers enter a haberdashery that sells only ascots, cufflinks and suspenders and are served by the owner operator. The owner is the only employee, so if customer B arrives while customer A is being served, customer B must patiently wait until customer A exits the system. Customers are always willing to wait regardless of how long their wait is. The interarrival and service times are uniformly distributed and shown in the table below.
The stream of random number for a Monte Carlo simulation of the system appear in this table>
-Use the data from Figure 6S-1. How many customers are in the haberdashery at 9:08?
Processing Checks
Involves the procedures and steps taken by banks or financial institutions to verify and complete the transaction of a written check.
Substitute Check
A digital reproduction of a paper check that is legally considered the same as the original for processing and payment purposes.
Original Check
The first print or version of a check before it is copied or electronically presented.
Paid Twice
A situation where an individual or entity receives payment for the same service or goods more than once.
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