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Develop a queueing simulation model, and use it to conduct a simulation study for a M/M/1 queue where the mean inter-arrival time equals to 10 minutes and the mean service time is about 7 minutes. Compute the analytical solution. Compare the following performance measures obtained from your simulation model to the analytical solution and make comments: system utilization rate (ρ), expected number of customers in the queue (LQ), expected system time (W). Be sure to submit your comparison results and comments together. Note: You may make your own assumptions, if needed, such as total period of simulation time, when performing the simulation study.
Strategic plan or strategic planning of Adelphi Art Centre in Adelphi, Australia.
Key trend of PESTEL tool analysis in UK in the next three years.
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Strategic Management principles
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