Queueing models enable finding an appropriate balance between the cost of service and the amount of waiting.

Name: Queueing models enable finding an appropriate balance between the cost of service and the amount of waiting.
Brand: Quizplus
Rating: 4.8 (29 reviews)

Question

Quizplus · Accepted Answer

Queueing models are used to optimize the trade-off between the cost of providing service and the waiting time of customers. By modeling the behavior of customers and the service system, queueing models can be used to find the best balance between these two factors.

Queueing Models Enable Finding an Appropriate Balance Between the Cost