These models have been developed to establish a trade off between costs of providing and the waiting time of a customer in the queuing system. Constructing a model entails describing the components of the system arrival process queue structure and service process and solving for the measure of performance average length of waiting time average time spent by the customer in the line traffic intensity etc of the waiting systems.

Competitive Models: These models are used to characterize the behaviour of two or more opponents ( called players) who compete for the achievement of conflicting goals. These models are classified according to several factors such as number of competitors sum of loss and gain and type of strategy which would yield him the best or the worst out comes.

Posted Date: 3/20/2013 4:13:36 AM | Location : United States

Ask an Expert

Related Discussions:- Competitive models, Assignment Help, Ask Question on Competitive models, Get Answer, Expert's Help, Competitive models Discussions

Write discussion on Competitive models
Your posts are moderated

Write your message here..

Related Questions

Use of the graphs, Use  of the Graphs a . It simplifies  the complexi... Use  of the Graphs a . It simplifies  the complexities of large numbers  or that of  large mass  of data. In general  graphical  or some  other method or representation  is ad

Linear Equation, Cohen Chemicals, produces two types of photo-developing fl... Cohen Chemicals, produces two types of photo-developing fluids. The first, a black and white picture chemical, costs Cohen $2500 per ton to produce. The second, a colour photo chem

Operation research, methodology of operation research methodology of operation research

Lpp linear programming problems exercise, Exercise Define the t... Exercise Define the terms used in LPP. Mention the advantages of LPP. What are the assumptions and limitations of LPP? A firm produces three pro

SIMPLEX METHOD, Solve the following Linear Programming Problem using simple... Solve the following Linear Programming Problem using simple method Maximize Z= 3x1 + 2x2 Subject to the constraints: X1 + X2 = 4

Advantages of mean deviation - measure of dispersion, Advantages  of Mea... Advantages  of Mean  Deviation a.It is based on all the  observation . any  change in any  item would  change the value of mean  deviation. b.Mean  deviation  is less  aff

Evaluate a product from the view point of quality, This assignment requires... This assignment requires you to evaluate a product from the view point of quality, both quality of design (as perceived by the user) and quality of conformance. To ensure that we a

Linear Programming Problem, A paper mill produces two grades of paper viz.,... A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

Explain decision making process, Explain Decision Making Process. Deci... Explain Decision Making Process. Decision Making Process: A good decision can only be prepared as a result of a rational decision making process. The different stages of the

OR, What is the role of decision making in OR What is the role of decision making in OR