Which of the following descriptions about waiting line models is best?
A) They account for major events such as competitor actions.
B) They account for the random, independent behaviour of many customers.
C) They assume that each branch can give the highest expected payoff.
D) They deal with the certainty and stability in demand.

Question

Quizplus · Accepted Answer

Waiting line models are designed to handle the random, independent behavior of customers. They consider the arrival pattern, service process, queue discipline, and performance measures to optimize the system's efficiency. While some waiting line models may consider certain events such as competitor actions, this is not a defining feature of the models. Waiting line models also do not assume that each branch can give the highest expected payoff, as this would require certainty and stability in demand, which is not always the case.

Which of the Following Descriptions About Waiting Line Models Is