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For years, American automobiles did not have the level of quality that foreign, particularly Japanese, automobiles had. However, that has changed, and most automobiles built in the United States have comparable or superior quality compared with imports. Consumers' attitudes are slow to change, however, and marketers must use which strategy to change the cognitive component of consumers' attitudes?
M/M/1 Model
is a type of queueing model used in operations research to describe systems with a single server, where arrivals are determined by a Poisson process and service times have an exponential distribution.
First Customers
The initial group of buyers or users who purchase or adopt a product or service shortly after its launch.
Independent Arrival
The concept in queueing theory where the arrival of customers or entities is not influenced by previous arrivals.
Large Population
Refers to a substantial number of units or individuals within a specified area or group, often used in statistical analysis and sampling.
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