QUEUING THEORY

QUEUING THEORY. Alisha Bhambhani- 2101146 Bhagyasree Kalyani Niharika Rashi Swarnima.

Motivation. IIM Trichy - one of the most prestigious MBA colleges in the country - has increased the intake to 410 students for the batch, 2022-2024. This number combined with the 280 students in the batch of 2021-2023 make the total number of students living on campus to a humongous 690 during the academic year of 2022-2023. Assuming the number of hostel rooms are sufficient for approximately 700 students, the mess area, which serves the four important meals of the day will have to serve lunch from 12:30-2:30 pm everyday. Acknowledging the concern, the mess committee is trying to understand better ways to plan food serving system. The same can be applied to breakfast, dinner and snacks. Having seen all the facilities, they are good for the current strength of 400(students on campus due to COVID). Considering the current COVID situation, mess committee is expecting 600 on campus and need to estimate if the current facilities would suffice or any changes to be made to plan the food servicing intelligently . After the process monitoring, they observed the problem of queuing and capacity utilization..

Description of As-is process. For the academic year 2021-2022, there were approximately 400 students eating from the mess on a daily basis, as some students were not on campus due to COVID-19. Assumptions: In the current process, the number of students eating lunch from the mess (between 12:30-2:30 pm) can be divided into two categories. Students who come to the mess after 1:45 pm as they have classes and students who eat in the mess from 12:30-1:45 pm. The normal hours between ( 12:30-1:45 pm) service 200 students in a 75 minute time period. The peak hours between (1:45 - 2:30 pm) service 200 students in a 45 minute time period..

Table of contents. Project & strategy. 01. You can describe the topic of the section here.

—Someone Famous. “This is a quote, words full of wisdom that someone important said and can make the reader get inspired.”.

PROJECT & STRATEGY. You can enter a subtitle here if you need it.

Project & strategy definition. You can give a brief description of the topic you want to talk about here. For example, if you want to talk about Mercury, you can say that it’s the smallest planet in the entire Solar System.

Strategic planning project plan. STEP week 1 2 3 4 5 6 7 8 9 10 11 12 1-Kick off 2-Business insights 3-Mission and vision 4-Key strategic objectives 5-Strategic map 6-Balance scorecard 7-Strategic objectives 8-First report.

Strategic planning project plan. Mission. Venus is the second planet from the Sun and it is very hot.

Strategy map & balanced scorecard. Perspectives Strategic objectives Strategic objectives Financial F1- Insert your own text F2- Insert your own text Customer C1- Insert your own text F2- Insert your own text Internal process >I1- Insert your own text F2- Insert your own text Learning & growth L1- Insert your own text F2- Insert your own text.

Procurement organizations. Globalized purchasing.

Reasons for t he bullwhip effect. Demand f orecast ppdating.

How to reduce the bullwhip effect?. Demand forecast updating.

Impact of the risks. Jupiter. Jupiter is the biggest planet in the Solar System.

Benchmark. Despite being red, Mars is actually a cold place. It’s full of iron oxide dust.

Key drivers of the profit. Description Example The situation You need to provide a neutral description for the situation Our company has been selling its products in the US The complication It’s a desired change of the current situation With a market share already above 40% The question It’s implicitly results from the complication Should we enter the European market?.

Feasibility. Decisions: market, product, company.

Identifying o pportunities. Saturn is composed mostly of hydrogen and helium.

A picture always reinforces the concept. Images reveal large amounts of data, so remember: use an image instead of a long text. Your audience will appreciate it.

Awesome words. Consulting toolkit. Slidesgo.

Replace the text with your own text. Legal. Social.

Strong business case. $4M. $14M. $8M. Project cost.

Financial model. Asset Total ICM Model Cash Accounts Inventory Current assets Property Goodwill xx 2014 xx xx xx xx xx xx xx 2015 xx xx xx xx xx xx xx 2016 xx xx xx xx xx xx xx 2017 xx xx xx xx xx xx xx 2018 xx xx xx xx xx xx xx 2019 xx xx xx xx xx xx xx 2020 xx xx xx xx xx xx xx 2020 xx xx xx xx xx xx Forecast period Historical results Balance sheet.

Jupiter. Mars. Financial model. Follow the link in the graph to modify its data and then paste the new one here. For more info, click here.

Pricing strategy. Basic Standard Advanced Level 1 2 3 Percentage 20% 70% 10% Description - Insert your description here -Insert your description here -Insert your description here - Insert your description here -Insert your description here -Insert your description here - Insert your description here -Insert your description here -Insert your description here.

CONSULTING PROPOSAL. You can enter a subtitle here if you need it.

Services. Mercury is the closest planet to the Sun.

A picture is worth a thousand words. Consulting toolkit.

Evaluate cost of suppliers. Negotiate supplier contracts.

Prioritization matrix: impact & effort. An initiative with a high impact would mean one of the following: -The initiative needs to happen in order to achieve the desired future state -The initiative will significantly reduce our cost or increase our revenue.

Prioritization matrix. Initiative Impact Effort 1 List all your potential initiatives Very high 2 List all your potential initiatives High 3 List all your potential initiatives Low 4 List all your potential initiatives Low 5 List all your potential initiatives High 6 List all your potential initiatives Very high.

CHANGE MANAGEMENT. You can enter a subtitle here if you need it.

Ansoff growth matrix. Do you know what helps you make your point clear? Lists like this one: - They’re simple - You can organize your ideas clearly - You’ll never forget to buy milk! And the most important thing: the audience won’t miss the point of your presentation.

Mercury is the closest planet to the Sun. Mars is actually a very cold place.

Competitor comparison table. Attributes Competitor A Competitor B My business Price $360 $320 $300 Quality Low Medium High Customer age 20-40 18-45 18-50 Reputation Bad Average Good Location Spain Italy USA.

Spanish. English. Italian. 100%. 90%. 70%. Target.

Progress Status Link Venus www.yourlink.com Jupiter www.yourlink.com Mars www.yourlink.com Neptune www.yourlink.com Earth www.yourlink.com Ceres www.yourlink.com.

Change management strategy & plan. Size: Extreme High Medium Moderate Low.

IMPLEMENTING CHANGES. You can enter a subtitle here if you need it.

Sales and strategy plan. Implementation. 1. Internal analysis.

486,453. Big numbers catch your audience’s attention.

About the terms of the agreement. Follow the link in the graph to modify its data and then paste the new one here. For more info, click here.

$20,000. Mars is actually a cold place. $15,000. Venus has a beautiful name.

Management approach. January. February. March. April.

Strategic alliances. Mars. Mars is actually a very cold place.

Answers and arguments. Mars. Venus. Jupiter. Write your question.

Waterfall management plan. Requirements Mercury is the closest planet to the Sun.

Basic. Mercury is the closest planet to the Sun. Standard.

Profitability ratios. Venus. Mars. Jupiter. Worst.

Top 10 questions of business plans. 1. Mercury is the closest planet to the Sun and the smallest one.