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

Receivables management, In the earlier unit, we have studied how firms dete...

In the earlier unit, we have studied how firms determine their requirements for current assets and manage their holdings in cash and marketable securities. Inside a classical manuf

Credit policy variables, Each company must establish its own credit policy ...

Each company must establish its own credit policy based on the ground condition and the environment wherein it is operating. The major goal of the credit policy is to stimulate sal

Break Even Sales in Units, Kibble Company had the following functional inco...

Kibble Company had the following functional income statement for the month of July 2011: Kibble Company Functional Income Statement For the Month Ending July 31, 2011 Sales ($40 x

Determine the nature of accounting, The Nature of Accounting Accounti...

The Nature of Accounting Accounting is process of recording, analyzing, summarizing, and interpreting financial (money-related) activities to allow individuals as well as org

Multiple regression, MULTIPLE REGRESSION The least square regression eq...

MULTIPLE REGRESSION The least square regression equation discussed above was based on the assumption that total cost was determined by only one activity based variable. However

Determine the profitability ratios in relation to investment, Determine the...

Determine the Profitability ratios in relation to investment a) Return on capital employed/ return on investment b) Return on equity or return on equity share holders' funds

TOTAL PRODUCTIVE MAINTENANCE, Identify the ways in which Total Productive M...

Identify the ways in which Total Productive Maintenance could be applied as part of a manufacturing organisation''s quality programme

Cross elasticity of demand, what is cross elasticity of demand? is it posit...

what is cross elasticity of demand? is it positive for substitute or compliments? show in a diagram relating to the demand for the coffee to the price of tea

Ira, Your financial advisor has recommended that you invest into your Roth ...

Your financial advisor has recommended that you invest into your Roth Individual Retirement Account (Roth IRA) the sum of $5,000. If you put in $5,000 today, what will this investm

What is cost unit, What is Cost unit While the cost centres assists in ...

What is Cost unit While the cost centres assists in ascertaining costs by location, person, equipment, operation or process, cost unit is a unit of product, service or a combin

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