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A queuing model which follows the M/M/1 assumptions has λ = 2 and μ = 3. The average waiting time in the system is
Enthusiastic Customers
Customers who are highly excited and positive about a brand or product, often advocating for it to others.
The 3 Fs
A colloquial term referring to the primary sources of startup investment: "Friends, Family, and Fools."
Formal Funding
Financial investments obtained through official channels, such as banks, investment firms, or public offerings, to support business operations.
Angel Investors
Affluent individuals who provide capital for a business start-up, usually in exchange for convertible debt or ownership equity.
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