queuing problemsthere are two main approaches to


Queuing problems

There are two main approaches to queuing problems:

•    simulation
•    queuing theory formula

Where 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.

Request for Solution File

Ask an Expert for Answer!!
Managerial Accounting: queuing problemsthere are two main approaches to
Reference No:- TGS0178322

Expected delivery within 24 Hours