Production and Operations Analysis, Seventh Edition
Production and Operations Analysis, Seventh Edition
7th Edition
ISBN: 9781478623069
Author: Steven Nahmias, Tava Lennon Olsen
Publisher: Waveland Press, Inc.
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Chapter 7.3, Problem 13P
Summary Introduction

Interpretation: Concept of Poisson process has been discussed

Concept Introduction: Suppose there is a bank of ABC located in cant city of XYZ city. Open timings of bank is 9 am to 5 am. Bank manager observed that 10 person arrived in the bank in two hours whereas 5 person were arrived in one hour. So he started to find the reason, why this number is less than the probability of 5 arrivals in one hour.

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