Total queuing system costs are always minimized at the point where the costs of customers waiting are equal to the service capacity costs.

Name: Total queuing system costs are always minimized at the point where the costs of customers waiting are equal to the service capacity costs.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Total queuing system costs are minimized at the point where the sum of the costs of customers waiting and the service capacity costs is at its lowest, not necessarily when these two costs are equal to each other.

Total Queuing System Costs Are Always Minimized at the Point