Queuing—Why Waiting Lines Work or Fail
Lecture no. 22 from the course: Mathematical Decision Making: Predictive Models and Optimization
Taught by Professor Scott P. Stevens | 30 min | Categories: The Great Courses Plus Online Mathematics Courses
Extend your use of Markov analysis to waiting lines, or queues. Discover how a random arrival process is analogous to the sound of popcorn popping. Then probe the dramatic decrease in waiting times that can result from relatively minor adjustments in workforce or equipment.