Examlex
Discuss the importance of order processing in the physical distribution system.
Poisson Distribution
A numerical distribution detailing the probability of specific event counts happening over a determined timeframe or spatial range.
Negative Exponential Distribution
A probability distribution used to model the time between events in a Poisson process, representing the decay of quantities.
Average Arrival Rate
A metric used in queueing theory indicating the average number of entities (people, items, etc.) arriving at a system or service point per unit of time.
Average Service Rate
The average rate at which a service process can complete work or tasks, often measured over a specific period.
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