Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Features of a queue
A calling population – refers to the number of potential customers. This number may be considered finite or infinite. An infinite calling population is normally assumed as it provides convenient simplification of the analysis. This is a reasonably accurate assumption provided that the rate of arrival of future customers is not affected by the number of customers already in the queue.
An arrival pattern – refer to the way in which customers arrive in a queue. They may arrive in large groups or as isolated individuals, may arrive at regular intervals or at irregular intervals, or randomly. A common arrival pattern is for customers to arrive at queues individually and in a random manner. When this occurs, the number of arrivals per unit of time generally follows a passion at probability distribution.
The servicing pattern – this may also vary with customers served individually one at a time or in ‘bulk’. When customers arrive randomly, it is usual for the service pattern also to be random. It is commonly assumed that the probability distribution of the time to be served is the same for all customers, and that this service time is independent of the time of day or the size of a queue (e.g. even if the queue is very long, the server will not speed up his service times in order to reduce its length.
Organizing (1) It is the establishment of the framework within which the required activities are to be performed and the designation of who should perform such activities. It inc
Production As you would suspect, effectively directing an organization needs prudent management of production. Because this is a hands-on process, and often entails dealing wit
Cash budget is a detailed budget of income and cash expenditure including both capital and revenue items. For control reasons the year's budget is usually phased in smaller periods
Service time-probability distribution curve A common example is that service times follow an exponential probability distribution i.e. y=e -x Service channels - t
Project C would involve a current outlay of $50,000 on equipment and $15,000 on working capital. The investment in working capital would be increased to $21,000 at the end of the f
the suitability of incremental budgeting to a stable and static environment
1) FUTURE CASH FLOWS: Prepare a three (3) year forecast of estimated future cash flows for starbucks and give valid economic/business reasons for your projections. This means you w
need help with a master budget and assumptions for project
Scorecard The traditional approach to the monitoring organizational performance has focused on the financial measures and the outcomes. Increasingly, companies are realizing th
Define Activities based costing by horngren According to horngren " ABC is a system that focuses on activities as fundamental cost object and utilizes cost of these activi
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd