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The ____ is one that describes how to determine the number of service units that will minimize both customer waiting time and cost of service. The ____ is applicable to companies where waiting lines are a common situation.

User Ekaterine
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Final answer:

The subject in question is operations management within the field of Business, specifically discussing queue management and optimization in service operations. It addresses statistical methods for managing customer wait times and service efficiency, using the queueing theory.

Step-by-step explanation:

The concept being described is related to queue management and optimization in businesses where waiting lines are common. This concept falls within the realm of operations management, a key component in the field of Business and service operations. The model commonly used to describe this is the queueing theory which forms part of operations research. It is often applied using statistical methods to predict queue lengths and waiting times, helping businesses to balance customer satisfaction with cost efficiency.

In the given scenario, the queueing theory can address various aspects, such as determining the average time between arrivals (a. On average, how many minutes elapse between two successive arrivals?), the average time for a specific number of arrivals (b. When the store first opens, how long on average does it take for three customers to arrive?), and the probability of certain events related to customer arrivals and wait times (c. After a customer arrives, find the probability that it takes less than one minute for the next customer to arrive, d. After a customer arrives, find the probability that it takes more than five minutes for the next customer to arrive).

Solution 5.11 refers to the calculation of expected customer arrivals, and the example from Gavi's Fast Food Restaurant uses practical modifications to improve queue management and customer service efficiency.

With a significance level of 5 percent, the hypothetical study sought to test the claim that a single queue leads to less variation in waiting times, an important consideration for customer satisfaction and operational effectiveness.

User A DUBEY
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