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Assume you have a single channel, single server, and single phase queue. Mean arrival rate is 80/hr and system capacity is 100/hr. What is the average number of customers in the system?
Marginal Land
Land that is of poor quality for agriculture and unlikely to produce a profitable yield without significant investment in improvements.
Rents
Payments made for the use of property or land, or in economic theory, the excess returns to a factor of production over its opportunity cost.
Finite
Something that has limits or bounds; having a definite end or duration.
Profit Rate
The ratio of profits generated to the amount of capital or investment, indicative of the financial health and efficiency of an entity.
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