Computational Approach to Profit Optimization of a Loss-Queueing System

Computational Approach to Profit Optimization of a Loss-Queueing System

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Objective of the paper is to deal with the profit optimization of a loss queueing system with the finite capacity.Here, we define and compute Audio Cables and Adapter total expected cost (TEC), total expected revenue (TER) and consequently we compute the total optimal profit (TOP) of the system.In order to compute the total optimal profit of the system, a computing algorithm has been developed and a fast converging N-R method has been employed which requires least Barwear computing time and lesser memory space as compared to other methods.Sensitivity analysis and its observations based on graphics have added a significant value to this model.