Cost Analysis of a Finite Capacity Queue with Server Failures, Balking, and Threshold-Driven Recovery Policy
Year: 2024
Type: article
Abstract: The study is on the cost dynamics which is concerned with finite queues in particular to susceptibility to server outages, threshold-driven recovery and Catastrophic events, but main focus is on balking behaviour of the customers. A thorough investigation of the financial implications of interruptions and efficacy to recovery strategies is done and to alleviate the impact of breakdowns, disasters and customer refusals the queue system designs through empirical research is conducted. Various recovery policies have been compared with the existing thresholds, and the study further endeavors to categorize the cost-effective approach to mitigate the economic concerns of server failures and catastrophic incidents. The study brings discernments on the expected development in the management of the queuing system along with the assistance in complete decision-making in cost efficiency and enhancement of the complete system performance.
Authors: Amit Kumar, Savita ., Chandra Shekhar
Language: English
Subfield: Management Information Systems
Domain: Social Sciences
Open Access status: gold
Estimated APC paid: $500
OpenAlex ID: W4401864408