What is Waiting Line Theory in Supply Chain Management?

Learn Waiting Line Theory definition in supply chain management with explanation to study “What is Waiting Line Theory”. Study waiting line theory explanation with SCM terms to review supply chain management course for online MBA programs.

Waiting Line Theory Definition

  • Waiting line Theory is a branch of operations research which is used to predict the length of queues and waiting times in order to decide the amount of resources required to provide any service..

    Operations Management by Nigel Slack, Alistair Brandon-Jones, Robert Johnston



Waiting Line Theory Explanation

Waiting line hypothesis, otherwise called lining hypothesis, is the numerical investigation of holding up lines. This hypothesis can be utilized to show and foresee hold up times to and number of client landings. Hold up lines are knowledgeable about client administration ventures, for example, banks, retail locations, and transportation, just as assembling enterprises when things hold back to be handled in mechanical production systems. This hypothesis is even helpful in data innovation to foresee the quantity of solicitations a PC server will get. Organizations can utilize this kind of data to apportion their assets most productively and guarantee they can address their issues of their clients. Clients in the holding up line can be categorized as patient or anxious. Eager clients are bound to not enter holding up lines (shy away) or won't remain in the line to be served (reneging).

Keep Learning Supply Chain Management Explanations

What is Modular design?

That organization used this approach are subdivided the systems into different small modules that perform or use in different systems. ...

What is Additive Manufacturing?

Added substance Manufacturing (AM) is a fitting name to depict the innovations that fabricate 3D questions by including endless supply ...

What is Customization?

As the idea of mass customization successfully defers the errand of separating an item for a particular client until the ...

What is Supply chain management?

SCM is the wide scope of exercises required to plan, control and execute an item's stream, from procuring crude materials ...

What is Kaizen?

Kaizen is a way to deal with making persistent improvement dependent on the possibility that little, continuous positive changes can ...

What is Cell Layout?

Cell assembling is a kind of format where machines are gathered by the procedure necessities for a lot of comparative ...