Decision Modeling and Analysis Terms
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Could you provide me with an explanation the following terms:
A) Calling population
B) Reneging
C) Jockeying
D) Balking
E) Queue Discipline
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Solution Summary
This solution contains explanations of various decision modeling and analysis terms.
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A) Calling population
Calling population is defined as the pool of customers who possibly can request the service in the near future. Calling population can be finite or infinite. Example: For a petrol pump the calling population is the total number of vehicles running in the city.
B) Reneging
Reneging is defined as a phenomenon when a customer who is waiting in the queue may leave that queue due to his/her impatience. Example: If at the ATM a huge ...
Education
- MBA, Indian Institute of Finance
- Bsc, Madras University
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