• Nivarti Bharkad

Early days to get any service from service provider we have to wait long time in a queue, means waste of time that is waste of money. Because peoples or any vehicle or machine that are waiting for service are losing their earning time in waiting line. Its happen with every one and every arriving unit. Hence waiting time in a queueing system of all arriving units is so much. Their waiting cost is also so large. sometimes it may also happen with the servers that providing services due to no arriving unit in the system they become idle. In the present study we have studied different parameters that affect both waiting cost and idle cost and how to maintain equilibrium between these two cost to reduce the total cost of the queueing system.

Queueing model, Equilibrium, Waiting cost, Ideal cost, Servers, Customers.

"The Application of Queueing Theory to Study Optimum Balance Point Between Waiting Cost and Idle Cost", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 7, page no.92-99, July 2019, Available :http://www.jetir.org/papers/JETIRDE06015.pdf

"The Application of Queueing Theory to Study Optimum Balance Point Between Waiting Cost and Idle Cost", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 7, page no. pp92-99, July 2019, Available at : http://www.jetir.org/papers/JETIRDE06015.pdf