Weeks 6-8

Quantitative Analysis: Week 6

Queuing Theory

 

Answer the following questions:

1.       Discuss the advantages and disadvantages of queuing theory for an organization in the service industry.

2.       What benefits are provided by the constant service time model?

Your paper should reflect scholarly writing and current APA standards. Please include citations to support your ideas.

Quantitative Analysis: Week 7

Simulation Modeling Research

 

Answer the following question:

1.       Use the internet to conduct research on popular simulation modeling software applications. Find two applications to compare by examining the costs, features, and training requirements.

Your paper should reflect scholarly writing and current APA standards. Please include citations to support your ideas.

Quantitative Analysis: Week 8

Final project

 

Answer the following question in three to five pages:

1.       Using what you have researched and studied throughout Modules 1-7, write a report addressing a quantitative analysis (QA) project. Here, you are asked to select a business of interest and develop QA best practices that can be developed and implemented to increase revenues and/or decrease costs. Please provide at least three mathematical examples supporting your recommendations.

Your paper should reflect scholarly writing and current APA standards. Please include citations to support your ideas.