Queuing Theory (Operations Management)
11:24
YouTubeDr Ogunseyin
Queuing Theory (Operations Management)
Queuing theory focuses on the demand side of planning and control of operations and supply chain management. It uses mathematical analyses of queues and waiting times in stochastic systems. Queuing theory could also be used to analyse production and service processes exhibiting random variability in market demand (arrival times) and service ...
35.4K viewsMay 27, 2022
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