Dear participant, in this topic you have to cover the following content:
7.1 Waiting line costs
7.2 Characteristics of a Queuing system
7.3 Single channel Queuing Model with Poisson Arrivals and Exponential
service times (M/M/1)
7.4 Queuing equations and Equations for the Multichannel Queuing Model
7.5.Advantages
and disadvantages of simulation
7.6.Monte
Carlo Simulation
7.3.Simulation
and Inventory Analysis
please follow this link to have simple ilustration of the queueing topic.
what is that?
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