Queue discipline, Managerial Accounting

Assignment Help:

Queue discipline

1) It refers to the manner in which customers behave in a queue, and to the order in which they are served up. For illustration; A customer may arrive at a queue and decide that it is too long and go away;

2) The queue may be at a maximum length so that a new customer arriving cannot join it.

3) A customer may be kept waiting so long in the queue that he/she decides to leave it.

4) In a complex channel system, a customer may cross over from one queue to another because it seems shorter.

5) A steady state or a transient state – customers may be served in several ways depending on either the server or the customers;

Customer may be given priority treatment:

1) An official may deal with his in-tray by taking the top documents out first i.e. LIFO system.

2) There may be a first come first served queue discipline i.e. FIFO.

3) A queue or a service system is in a transitory state whenever it is dependent on time. (e.g. workers canteen may be kept open all day, but there will be times of the day when the system is busy and times when it is relatively empty.

4) A system is in a stable state or in equilibrium whenever it is not dependent on time. Steady state systems are the ones commonly considered in queuing theory.

5) A system may be in a transient state for a short time (e.g. when a service counter opens there might be an initial rush of customers) but then it may settle down into a steady state (until it closes for the day.)


Related Discussions:- Queue discipline

State the capital turnover ratio, Capital turnover ratio  Meaning: th...

Capital turnover ratio  Meaning: this ratio establishes a relationship among net sales and capital employed. Objective: the objective of computing this ratio is to verif

What are non-financial factors, QUESTION:  PART A One of the divis...

QUESTION:  PART A One of the divisions within Acme Manufacturing company is presently negotiating with another supplier regarding outsourcing component A that it manufac

Marginal and absorption costing, How marginal costing would improve the pro...

How marginal costing would improve the problems faced in absorption costing on manipulation of profits.

Cost estimation, engineering method of cost estimation

engineering method of cost estimation

Determine the tyoes of cost centre, Determine the tyoes of Cost centre ...

Determine the tyoes of Cost centre Cost centre can be of two kinds: 1. Impersonal cost centre: consisting of a location or item of equipment (or group of these) like machi

MAKE OR BUY DECISIONS , MAKE OR BUY DECISIONS (NO LIMITING FACTORS) The...

MAKE OR BUY DECISIONS (NO LIMITING FACTORS) The choice between making and buying a given component is one which is likely to face all businesses at some time.  It is often one

What is the significance of performance budgeting, Significance of performa...

Significance of performance budgeting Performance budgeting will help the management of companies by introduction of management objective to improve performance. Further it wi

Doug, based on your assumptions, calculate the cost per unit (total product...

based on your assumptions, calculate the cost per unit (total product cost on a per unit basis) under a traditional accounting system based on direct labor hours (table 1 prepared

Financial perspective, Financial Perspective How do we produce value fo...

Financial Perspective How do we produce value for our shareholders? This perspective covers traditional measures e.g. growth, liability, shareholder value. But these are set on

Standard costing and budgetary control , STANDARD COSTING AND BUDGETARY CON...

STANDARD COSTING AND BUDGETARY CONTROL In practice, the terms standard cost and budgeted cost might be used interchangeably. Whereas it is possible to have budgeting without s

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd