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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.
Elimination of non-value added activity JIT manufacturing can be described as a philosophy of management, dedicate to the elimination of waste. Waste is stated as anything whic
2x2+8x-m3 = 0
Discuss the dominant compensation philosophy, share value creation and the link between company size and executive pay. Solve Parmalat''s case, which may be found in reading No. 8.
Constraints 1) A constraint of the type ≤ (≥) can be converted to an equation by adding a slack variable to (subtracting a surplus variable form) the left side of the constrain
You are required to provide a report of approx 500 words or less (excluding attachments and references), accompanied by relevant calculations, in MS Word, MS Excel and/or PDF forma
case study on payroll system
Full Service Non Recourse: in this method the book debts are purchased through the factor assuming 100 percent credit risk. In case of default through the debtor the whole risk is
identify and explain the many classification of costs for planning, control,performance evaluation and decision making.
Compute the equ units of production?
What are the limation of semi variable cost and how to overcome it?
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