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

Eoq model with quantity discounts, EOQ Model with quantity discounts Ci...

EOQ Model with quantity discounts Circumstances frequently occur where firms are able to obtain quantity discounts for large purchase orders. Buying in bulkiness has some merit

What are the principles of management accounting, What are the Principles o...

What are the Principles of management accounting? 1. The procedures and methods to be followed for keeping and analyzing financial statements should have consistency. It enable

Amount of working capital, Number of Operating Cycles: The number of opera...

Number of Operating Cycles: The number of operating cycles in a period is determined by dividing the number of days in a year i.e.365 by the length of net operating cycle. Express

Excel formulas, I only need the formulas in excel put in.

I only need the formulas in excel put in.

What is the main purpose of cost centre, Explain the main purpose of cost c...

Explain the main purpose of cost centre The main purpose of cost centre is two fields. 1. Recovery of cost: costs are collected, classified into two field in respect of

State the important assumptions of break-even analysis, Assumption of break...

Assumption of break even analysis The break even analysis is based upon the following assumptions : 1) All elements of cost, i.e., production , administration and selling di

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

Queue discipline, Queue discipline 1) It refers to the manner in which ...

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 que

Ratio Analysis., X ltd. has a current ratio of 4.5:1 and acid test ratio of...

X ltd. has a current ratio of 4.5:1 and acid test ratio of 3:1. If its inventory is Rs. 24000, find out its current liabilities.

What are the features of product life cycle costing, Features of product li...

Features of product life cycle costing Product life cycle costing is important due to the following features: 1) product life cycle costing involves tracing of costs and re

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