Simple queues, Managerial Accounting

Simple Queues

A simple queue has the following characteristics;

1) There is a simple service channel

2) There are ‘discrete’ customers e.g. customers in a bank, or aircraft waiting to take off as opposed to storm water waiting to drain away.

3) There is an infinite population of potential customers and an infinite maximum queue.

4) There are no simultaneous arrivals of customers at a queue.

5) The queue discipline is on a first come first served basis i.e. FIFO with no priorities or queue barging. No customer leaves before being served.

6) The queue is in a steady state of operation.

7) The number of arrivals (or demands) in a unit of time follow the poisson distribution

8) Service times follow a negative exponential distribution

9) Traffic intensity is less than 1.

Posted Date: 12/6/2012 7:41:47 AM | Location : United States







Related Discussions:- Simple queues, Assignment Help, Ask Question on Simple queues, Get Answer, Expert's Help, Simple queues Discussions

Write discussion on Simple queues
Your posts are moderated
Related Questions
Define Zero bases budgeting According to CIMA According to CIMA, ZBB is a method of budgeting whereby all activities are re evaluated each time a budget is set. Discrete l

when assessing Market Value of common stock, is the "market value" the market value when the company sold the stock or the current market value?

The Incredible game theorist Mr. Nash's work needed refining. First, it applies to games played only once, or in which players move simultaneously. But virtually all interestin

What value can management derive from a Balance Scorecard? How does the management accountant contribute?

what areas can linear programming be applied in managerial accounting?

Determine the Internal factors of pricing decision 1) Organization factor: pricing decision occur on two level in the organization. Overall price strategy is dealt with by to

Analysis of Financial Ratios: Ratios are computed to find out the customer's liquidity position and capability to repay debts. The computed ratios must be compared along with the

Two types of costs concerned in factoring are as: 1) The service fee or factoring commission 2) The interest on advances granted through the factor to the firm. Factoring

Q. Show process of Pricing under decline stage? In this stage the producer should follow the pricing strategy which may fetch revenue not less than its cost of production. If h

Customer oriented or perceived value pricing There is an increasing trend to price the product on the basis of the customer's perception of its value. This method takes into ac