Nowadays, an average consumer does not have time to wait. Standing in a line can be a main reason to avoid using a service in the future. To improve serving speed, business owners hire additional staff, buy equipment, etc. However, the clients flow is not persistent, so in most cases equipment and staff does not work that produces inefficient costs. In such situation queuing theory helps marketing specialists in finding a balance between the client’s comfort and costs, in order to maximize the profit. The father of this theory is Agner Krarup Erlang. Agner Krarup Erlang – scientist from Denmark who studied ...
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Arguably, the society today is becoming too dynamic. In that, technological inventions and innovations have various impacts in the activities of human beings. Media is one of the ways in which media has influenced the democracy. As a matter of fact, media have several main roles in democracy. Accessibility of information is one of the essential factors to the establishment of a health democratic arena. Information is always a weapon that empowers the public on various issues namely political, social, as well as economic. The invention of media has changed democratic issues and perspectives in the entire world. In fact, the only ...
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