Question: There is a strong connection between waiting lines models and probability distributions. For instance, the Poisson probability distribution is used to compute the probability that
There is a strong connection between waiting lines models and probability distributions. For instance, the Poisson probability distribution is used to compute the probability that a number of customers arrive in a system in a specific time. Since the computation of such a probability requires the evaluation of an exponential, once again we must use Excel. Outline the utility of statistical software in waiting lines management.
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