Operations Researcher Richard Larson Recently Featured on Close Up Radio

January 22, 2025 01:00 AM AEDT | By EIN Presswire
 Operations Researcher Richard Larson Recently Featured on Close Up Radio
Image source: EIN Presswire

LEXINGTON, MA, UNITED STATES, February 25, 2025 /EINPresswire.com/ -- Our guest, who has appeared before on Close Up Radio, jokingly observes that the word “queueing” is a very rare word in the English language that has five vowels in a row. With such a fascination regarding queueing, he has earned the nickname “Dr. Queue”. In addition, he desires to share his fascination and expertise with the general public. This is the story of Richard Larson, a.k.a. “Dr Queue”.

Richard Larson has been an operations researcher for over five decades. His success in this area earned him the nickname “Dr. Queue”. “I have won all kinds of awards for my operations research over my decades of career,” Richard notes. In addition, he also describes himself as an “MIT Lifer.” In other words, besides being an alumnus of the Massachusetts Institute of Technology (MIT), starting at age 18 as a freshman, he also is a tenured professor at MIT.

Operations research is the world’s most important, invisible profession,” explains Richard.

According to Brittanica, operations research (OR) is the “application of scientific methods to the management and administration of organized military, governmental, commercial, and industrial processes.”

Queueing, which is a subset of operations research, is defined as the following according to Dictionary.com – “forming in a line while waiting.”

His knowledge and expertise have manifested itself in his most recent book, Model Thinking for Everyday Life: How to Make Smarter Decisions. Released in 2023, the book features eleven chapters, designed to take the reader through a journey of model thinking, operations research, and queueing.

For his upcoming show, Richard will discuss queueing – the physics of queueing and the psychology of queueing, which is addressed in his book.

“Queueing has been with us as long as there have been people on Earth,” Richard shares.

However, the modern inventor regarding the science and physics of queueing was established by Agner Krarup Erlang (A. K. Erlang), a Danish telephone engineer, in the year 1919. He also invented traffic engineering. Another notable individual is John D. C. Little, the inventor of Little’s Law. Focusing on the rate of queueing, Little’s Law has established the following mathematical formula.

L = λ × W

L = time-average number of customers in the system, in queue and in service

λ (lambda) = mean arrival rate of customers

W = mean time that a customer spends in the system, both in queue and in service

A friend of Richard’s once joked, “It may be Little, but it’s the law.”

Richard’s main specialty regards the psychology of queueing. “I became fascinated with the psychology of queueing,” Richard corroborates. He will discuss some applications regarding this aspect. This includes the drive-thru at Wendy’s and the mirrors next to elevators in high-rise buildings.

“Overall, I feel that the psychology of queueing is more important than the physics of queueing,” notes Richard.

Richard concludes about queueing by referring to a quote made by baseball great Yogi Berra – “No one goes there anymore, it’s too crowded.”

Close Up Radio recently featured Richard Larson in an interview with Jim Masters on Wednesday February 19th at 10am Eastern

Listen to the Podcast
https://podcasts.apple.com/us/podcast/close-up-radio-welcomes-back-operations-researcher/id1785721253?i=1000694193706
https://www.iheart.com/podcast/269-close-up-radio-242020413/episode/close-up-radio-welcomes-back-operations-268568857/
https://open.spotify.com/episode/4A8gyRkzQ00SzMpPC5tKUG

You may purchase Richard Larson’s most recent book Model Thinking for Everyday Life on Amazon

Lou Ceparano
Close Up Television & Radio
+ +1 631-850-3314
email us here
Visit us on social media:
Facebook

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.