List the assumptions when arrivals are governed by a Poisson process

What will be an ideal response?


Many models assume that arrivals are governed by a Poisson process. This means that:
1 ) Customers arrive one at a time, independently of each other and at random.
2 ) Past arrivals do not influence future arrivals; that is, the probability that a customer arrives at any point in time does not depend on when other customers arrived (sometimes we say that the system has no memory).
3 ) The probability of an arrival does not vary over time (the arrival rate is stationary).

Business

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