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" softwareSet rules for queuingInform prior to the customer about the waiting timeMake queuing experience enjoyable.

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