OPERATIONS MANAGEMENT W/ CNCT+
OPERATIONS MANAGEMENT W/ CNCT+
12th Edition
ISBN: 9781259574931
Author: Stevenson
Publisher: MCG CUSTOM
Question
Book Icon
Chapter 18, Problem 1TS
Summary Introduction

To determine: General trade-offs involved in waiting line decisions.

Queuing theory: It is a mathematical study of queues or waiting lines. Using the queuing model, the length of a queue and waiting time can be determined.  In operations management, queuing theory is used for decision-making about the resources required to offer services.

Blurred answer
Students have asked these similar questions
What general trade-offs are involved in waiting line decisions?
What major cost trade-off must be made in managing waiting line situations?
Explain Structure of Waiting-Line Problems?