Simple queues, Managerial Accounting

Assignment Help:

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.


Related Discussions:- Simple queues

What is traditional costing, What is traditional costing In traditiona...

What is traditional costing In traditional costing overheads are first related to cost centers (production and service centres) and then to cost object, i.e. production. ABC o

Objectives of working capital decisions, After going through this section, ...

After going through this section, you must be capable to: Know the concept and characteristics of working capital; Identify with the difference among net working capital

Homework.., given the above data what would the breakeven in units and doll...

given the above data what would the breakeven in units and dollars be if u wanted a necessary after tax profit of $ 36,000 (assume a 30% tax rate ) units __________ ales dollars _

Explain profitability ratios in relation to sales, Explain Profitability ra...

Explain Profitability ratios in relation to sales a) Gross profit ratio b) Net profit ratio c) Operating ratio d) Operating profit ratio e) Expenses ratio

College accounting contemporary approach, question 3.5A Trial balance shee...

question 3.5A Trial balance sheet,income statement, owner''s equity and balance sheet

The case of a fixed discount-discount structures, The case of a fixed disco...

The case of a fixed discount When evaluating inventory decisions when a fixed discount rate exists, the appropriate procedure is to compare the total costs of the EOQ with the

Multiple products, differentiate between multiple product, selling product ...

differentiate between multiple product, selling product and margin managent

Provision for contingencies, After determining the amount of working capita...

After determining the amount of working capital as in above, a specific amount say 5 percent or 10 percent may be added to cover contingencies. This is to be noted that facts depen

Consistent Descion framing, What does it mean when we say consistency is th...

What does it mean when we say consistency is the central feature of economic rationality?

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