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Customers arrive at a suburban ticket outlet at the rate of 14 per hour on Monday mornings (exponential interarrival times) . Selling the tickets and providing general information takes an average of 3 minutes per customer, and varies exponentially. There is 1 ticket agent on duty on Mondays.
What is the system utilization?
Payable
Financial obligations or amounts owed by a company to suppliers or creditors, typically due within a year.
Intermediate Calculations
Calculations performed during a complex problem-solving process that are not the final result but used to achieve the end outcome.
Final Answer
The conclusive response or solution to a question or problem.
Interest Payment
The amount paid at intervals by the borrower to the lender for the use of borrowed money, typically expressed as a percentage of the principal.
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