Discuss how one could determine the economic cost of keeping customers waiting.

Formulate the objective function and constraints if per unit model A yields a profit of 55,000 and model B yields 90,000.
September 10, 2020
describe the events that switch internal and external buttons on and off.
September 10, 2020

Discuss how one could determine the economic cost of keeping customers waiting.

1. Discuss how one could determine the economic cost of keeping customers waiting. 3. For a queuing system with a finite queue, the arrival rate can exceed the capacity to serve. Use an example to explain how this is feasible. 4. What are some disadvantages associated with the concept of pooling resources? Please list at least five objectives of pooling.


 

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