Consider a Single-Line, Single-Server Waiting Line System

question 121

Short Answer

Consider a single-line, single-server waiting line system. Suppose that customers arrive according to a Poisson distribution at an average rate of 50 per hour, and the average (exponentially distributed) service time is 45 seconds per customer. What is the probability that 4 customers are in the system?

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Definitions:

Colonialism

System by which Western nations became wealthy by taking raw materials from other societies (the colonized) and reaping profits from products finished in the homeland.

Gini Coefficient

Measure of income distribution within a given population.

Colonialism

The practice of acquiring full or partial political control over another country, occupying it with settlers, and exploiting it economically.

Peripheral Countries

Nations that are less developed economically and are often exploited by more developed, core countries in the global economic system.