Employees Arrive at a Cafeteria According to a Poisson Process

question 11

Multiple Choice

Employees arrive at a cafeteria according to a Poisson process at an average rate of 30 employees per hour.The average waiting time between employees' arrivals is _________ minutes.

• A)0.03
• B)0.05
• C)0.5
• D)1
• E)2

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Definitions:

Externalities

Economic side effects or consequences that affect uninvolved third parties; can be either positive or negative.

Economies of Scale

The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale as fixed costs are spread out over more units of output.

Outdoor Pets

Domestic animals such as dogs and cats that are suitable for living outside in a safe environment.

Leash Law

Regulations requiring pet owners to keep their pets on a leash in public areas to prevent accidents and ensure safety.