Question: 1. What do you understand by Waiting L ine [queuing] analysis ? Why is it important in businesses? Expl ain using two real - life

1. What do you understand by Waiting Line [queuing] analysis? Why is it important in businesses? Explain using two real-life examples. [4+6]
2. Discuss the importance of design and ongoing maintenance of the physical plant, facilities, and equipment. How will it be helpful in your business success? Provide your opinion in 300 words. [30]
3. How will you determine and maximize efficiencies in product layouts using Assembly-Line Balancing [ALB] calculations and workstation design? Explain using an imaginary example. [30]
4. Describe the importance of accurate forecasting in supply chain planning. Explain using two real-life examples. [30]

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