Staffing What-If: Barista Cost vs. Waiting Cost
This lesson is part of the course
In this lesson
You put a price on waiting, add it to the staff cost for 1, 2 and 3 baristas, pick the cheapest option and show the trade-off in a stacked column chart.
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Lessons in this course
- Random Arrivals: Inter-Arrival Times from the Exponential Distribution Locked
- The Arrival Clock: Running Sums & Clock Times Locked
- Service Times: Exponential & Normal Draws from Given Random Numbers Locked
- The Single-Server Queue Table: Start, Wait & Finish Locked
- Queue Performance: Average Wait, Utilisation & Queue Length Locked
- Two Servers: Sending Each Customer to the Next Free Barista Locked
- Simulation vs. Theory: M/M/1 Formulas & Confidence Intervals Locked
- Staffing What-If: Barista Cost vs. Waiting Cost Locked