Batch processing system is used for highly standardized products
Blog
Some communities offer financial and other incentives to att…
Some communities offer financial and other incentives to attract new businesses.
At the break-even point, total profit is one
At the break-even point, total profit is one
Reducing service variability has a tremendous impact on wait…
Reducing service variability has a tremendous impact on waiting time.
The method for evaluating location alternatives that uses th…
The method for evaluating location alternatives that uses their total-cost lines is
Everything else being equal, a firm considering outsourcing…
Everything else being equal, a firm considering outsourcing would find all of the following desirable except:
A single-channel queuing system has an average service time…
A single-channel queuing system has an average service time of 16 minutes per customer, which is exponentially distributed. The manager is thinking of converting to a system with a constant service time of 16 minutes. The arrival rate will remain the same. The effect will be to
The primary bone of contention between the efficiency and be…
The primary bone of contention between the efficiency and behavioral approaches is
Forecast for independent demand items is more accurate than…
Forecast for independent demand items is more accurate than dependent demand items
According to Little’s law, for stable systems the average nu…
According to Little’s law, for stable systems the average number of customers in line or in the system is equal to the average customer arrival rate multiplied by the average time in line or in the system.