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A single-server queuing system has average time between arrivals of 20 minutes and a service time of 10 minutes each. Assuming Poisson arrivals and exponential service times, the utilization factor is approximately:
Competitive Forces
The external factors that influence the competitive environment of a market, impacting an organization's strategy and performance.
Mission Statement
A formal summary of the aims and values of a company, organization, or individual, serving as a guide for its strategies and actions.
Specific Products
Items or goods that have distinct features and benefits, targeting a particular customer need or market segment.
Customer Needs
The desires or requirements that consumers have, which they seek to fulfil through purchasing goods or services.
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