Queueing theory provides the mathematical framework to analyse and optimise systems where congestion and waiting times are inherent, while optimal pricing strategies focus on designing cost structures ...

Markov chains and queueing theory together provide a robust framework for analysing systems that evolve randomly over time. Markov chains describe stochastic processes where the future state depends ...

Performance analysis of queueing networks is one of the most challenging areas of queueing theory. Barring very specialized models such as product-form type queueing networks, there exist very few ...

Are checkout lines slowing you down this holiday season? With some simple queueing theory stores could could make lines more efficient, saving themselves money, and ...

Queueing theory rules everything around you. This newest version of our highly accessible, 30-page introduction to queueing theory demystifies the subject without requiring pages full of equations.

RUDN University mathematician proposed an artificial neural network for solving the queuing theory problems that arise, for example, in computing systems or business processes. Together with classical ...