We need to have queuing or reservations systems because demand cannot be inventoried.

Question

Quizplus · Accepted Answer

When demand for a product or service exceeds the available capacity or supply, it cannot be stored or inventoried. In such scenarios, queuing or reservation systems help to manage the demand by allocating time slots or queues to customers. This ensures that the available capacity is utilized efficiently and customers are served in a fair and organized manner.

We Need to Have Queuing or Reservations Systems Because Demand