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Queuing problems
There are two main approaches to queuing problems:
• simulation• queuing theory formulaWhere simple situations apply, queuing theory should be used in preference to simulation. This is because; it is quicker to use and therefore cheaper than the results obtained are more definite as they do not depend on the selection of random numbers.
In complex situations a solution can only be found through simulation.
Period of operating cycle implies that total sum of number of days included in the various stages of operation commencing from the purchase of raw materials and ending along with c
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I am to write thesis on Budget and Budgetary Contro. Can you please help me with contents and notes?
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