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

Show the pricing during market growth, Q. Show the Pricing during market gr...

Q. Show the Pricing during market growth? Pricing during market growth: in the growth stage there is steep rise in the turnover of the company. As prices of new competitors

Bussiness.., #queThe following information pertains to Fairways Driving Ran...

#queThe following information pertains to Fairways Driving Range, Inc.: The company is considering operating a new driving range facility in Sanford, FL. In order to do so, they

Alternative performance measures, Alternative performance measures Ther...

Alternative performance measures There are various measures that can be used to measure performance of a decentralized company. The major ones are: •    Return on Investmen

Strategic positioning, Strategic Positioning The company must identify ...

Strategic Positioning The company must identify its strategic choices. This can be done from the firm’s objectives, which emanates from the firms mission. Strategies have to be

Factors influencing working capital requirements, The working capital needs...

The working capital needs of a firm are influenced by many factors. The important ones are as follows: Nature of business: The working capital necessity of a firm is closely l

Minimal regret criterion-laplace criterion of rationality, Minimal Regret C...

Minimal Regret Criterion : This method seeks to minimize the maximum regret that would occur from choosing a particular strategy or alternative.  The regret is the opportunit

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

State direct material cost standard, State Direct material cost standard ...

State Direct material cost standard The determination of direct material cost standard would involve: a) Determination of quantity standards and b) Determination of pric

Motives for conducting cash balances, In this section we have discussed the...

In this section we have discussed the motives for conducting cash balances. In addition, we have discussed cash deficit or surplus situation and how it can be contained by the use

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