Features of a queue, Managerial Accounting

Assignment Help:

Features of a queue

A calling population – refers to the number of potential customers. This number may be considered finite or infinite. An infinite calling population is normally assumed as it provides convenient simplification of the analysis. This is a reasonably accurate assumption provided that the rate of arrival of future customers is not affected by the number of customers already in the queue.

An arrival pattern – refer to the way in which customers arrive in a queue. They may arrive in large groups or as isolated individuals, may arrive at regular intervals or at irregular intervals, or randomly. A common arrival pattern is for customers to arrive at queues individually and in a random manner. When this occurs, the number of arrivals per unit of time generally follows a passion at probability distribution.

The servicing pattern – this may also vary with customers served individually one at a time or in ‘bulk’. When customers arrive randomly, it is usual for the service pattern also to be random. It is commonly assumed that the probability distribution of the time to be served is the same for all customers, and that this service time is independent of the time of day or the size of a queue (e.g. even if the queue is very long, the server will not speed up his service times in order to reduce its length.


Related Discussions:- Features of a queue

Planning-role of management accountant , Planning Planning is the funda...

Planning Planning is the fundamental function of the management by means of which the managers decide: What goals are to be accomplished How they will be accomplished.

Inventory control, INVENTORY CONTROL The activities of a business durin...

INVENTORY CONTROL The activities of a business during a financial year combine investment projects in progress with new projects commencing and others terminate within the year

Classification of costs, discuss which of the cost classification is suitab...

discuss which of the cost classification is suitable for LunchBreak LTD and why?

Factoring, Receivable management is a specialized activity and needs variou...

Receivable management is a specialized activity and needs various time and effort on the part of the firm. Collection of receivables frequently poses problems, mainly for small and

Budgets and human behaviour, what are the most effective management styles ...

what are the most effective management styles in an organisation

Explain the characteristics of cost reduction, Characteristics of cost redu...

Characteristics of cost reduction 1) Cost reduction must be real : said through increase in productivity change in product design improvement in technology etc. 2) Cost r

Case of variable quantity-discounts structures, The case of variable quanti...

The case of variable quantity discounts In practice, suppliers may offer different discounts for different quantities purchased. For illustration:    Segment        Quantity

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

Short term cash forecasts, The significant objectives of short-term cash fo...

The significant objectives of short-term cash forecast are as given: find out operating cash requirement anticipating short term financing Organization investment of

Cost behavior, Echeverria SA is an Argentinian manufacturing company whose ...

Echeverria SA is an Argentinian manufacturing company whose total factory overhead costs fluctuate somewhat from year to year according to the number of machine-hours worked in its

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