Determine the economic cost of keeping customers waiting

Assignment Help Operation Management

Reference no: EM131114784

1. Discuss how one could determine the economic cost of keeping customers waiting.

2. For a queuing system with a finite queue, the arrival rate can exceed the capacity to serve. Use an example to explain how this is feasible.

3. What are some disadvantages associated with the concept of pooling resources? Please list at least five objectives of pooling.

Reference no: EM131114784

Questions Cloud

Excise tax on the producers of tennis balls : In Boomtown government officials are considering implementing an excise tax on the producers of tennis balls. They have called you in to analyze the impact of this proposed tax.

Design a workflow that uses this catalog service : In Section 19.2.1, I introduced an example of a company that has developed a catalog service that is used by customers' web-based procurement systems. Using BPMN, design a workflow that uses this catalog service to look up and place orders for com..

In the evaluation of sales trining program : In the evaluation of a sales trining program, a firm discovered that of 50 sales people receiving bonuses last year, 20 had attended a special training sales training program. Assume that 40% of the sales people attended the training program. What i..

Balancing the federal budget : Go to the internet and find a news article that discusses balancing the federal budget of the U.S. , summarize key points and post in the Discussions area. Be sure to include your policy recommendation of what should be done.

Determine the economic cost of keeping customers waiting : Discuss how one could determine the economic cost of keeping customers waiting. For a queuing system with a finite queue, the arrival rate can exceed the capacity to serve. Use an example to explain how this is feasible. What are some disadvantages a..

Benefits of eating honey : Recently, the price of honey has risen. This must mean that the demand for honey has risen, maybe because more people are aware of the benefits of eating honey.

Determine the final volume of the gas : For the gas as the system, the work is =84 kJ. Determine the final volume of the gas, in m3.

Tell about some cultural experiences : Tell about some cultural experiences that you have had in the past that were unique and different from anything that you were accustomed to doing, seeing, or participating in: Think about material cultural and non-material culture. Also name a favori..

What value of the force p will the reaction at b go to zero : 5/112 The beam is subjected to an elliptical load distribu- tion and the point loads shown. For what value of the force P will the reaction at B go to zero?

User Account

All Pages