Competitive models, Operation Research

Assignment Help:

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.


Related Discussions:- Competitive models

Classification of documents by physical characteristics, CLASSIFICATION OF ...

CLASSIFICATION OF DOCUMENTS  BY PHYSICAL CHARACTERISTICS : Documents of various types have been classified  on the basis of their physical characteristics, familiarity

Differentiate among descriptive and inferential analysis o, Question 1 ...

Question 1 A) Differentiate among descriptive and inferential analysis of data B) Describe with examples various measures of Central Tendency Question 2 The chi-square

Operations research approach to problem solving, Formulation of the Problem...

Formulation of the Problem: Before proceeding to find the solution of a problem, first of all a manager should be competent enough to form an appropriate model. To do so f

LPP, . A paper mill produces two grades of paper viz., X and Y. Because of ...

. 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

process technolgy, 1 strategic implication of product and process decision...

1 strategic implication of product and process decisions 2 process planning and design 3 work measurement

Classification of documents - books, Books: Books form  one of the pri...

Books: Books form  one of the primary sources of information. They provide a cohesively organised (thought content) information on a specific subject of optimum depth. Since b

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