Discuss waiting for a line-temporary imbalance between supply (capacity) and demand this week. Queuing theory is a mathematical approach to the analysis of waiting lines. There are numerous queuing models were developed. Naturally, much of the analysis will depend on choosing an appropriate model. Model choice is affected by the characteristics of the system under investigation. The main characteristics are:
Population source
Number of servers
Arrival and service patterns
Queue discipline
For this week, please choose an example of a waiting line in a service company, explain these characteristics, and find an appropriate queuing model.
