Queueing theory is a mathematical study of waiting lines or queues used to model a wide array of practical systems such as call centres, manufacturing lines, computer networks and healthcare ...

Load balancing and queueing theory constitute fundamental pillars in the analysis and optimisation of complex service systems. These disciplines merge mathematical modelling and algorithmic strategies ...

“We can use some fancy math to predict how long the line will get,” Keely Croxton of Ohio State says, then apply it to related problems. In response to a listener request, “Marketplace” host Kai ...

This paper develops two distinct models for studying inventory systems with continuous production and perishable items. The perishable items have a deterministic usable life after which they must be ...

This is a preview. Log in through your library . Journal Information The International Economic Review was established in 1960 by two of the most active and acclaimed scholars in the economics ...

Queuing theory is the mathematical analysis of waiting in line. The line might involve data waiting for processing, equipment parts waiting in an assembly line or people waiting in line at various ...

Let’s say you and your roommate have a little side business baking rhubarb pies at home and selling them on a street corner. Folks love pie, and you’re having trouble keeping up with demand. But you ...

You run into the grocery store to quickly pick up one ingredient. You grab what you need and head to the front of the store. After quickly sizing up the check-out lines, you choose the one that looks ...