What are the two most important cost considerations in queuing problems?

Cost of providing service and cost of waiting time

Explanation:

Queuing theory deals with the waiting time and also cost of providing services.

Example:

banks/supermarkets - waiting for service.

When you visit the bank for withdrawing your money, you have to wait long time in the queue.

In a similar way, you can purchase or grab the items as you need but still you have to wait in the bill counter.

There are some ways designed to solve the queuing problem:

Create or implement "Digital queuing" software Set rules for queuing Inform prior to the customer about the waiting time Make queuing experience enjoyable.

I think trying only one solution at a time is most important. Also, try to address the most likely cause first. [end]