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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