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(Managerial & Operations Analytics) Give an example of Littles Law and explain it. Topic: Queuing Skills/Knowledge to demonstrate: Set up and solve a problem for
(Managerial & Operations Analytics) Give an example of Littles Law and explain it.
Topic: Queuing
Skills/Knowledge to demonstrate:
Set up and solve a problem for an infinitely patient and impatient customer.
Predict the impact of managerial decisions made on model parameters.
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