The study of queueing theory and pricing strategies investigates how waiting dynamics and customer behaviour inform optimal pricing policies in service systems. By integrating traditional queueing ...
“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 ...
Queueing theory provides a robust mathematical framework for analysing waiting lines, a critical aspect across sectors ranging from telecommunications and healthcare to manufacturing and ...
The purpose of the course is to present some of the classical results in queueing theory, mainly in the analysis of single-server queues and Markovian (reversible) stochastic networks. Another goal is ...
The study of how systems with limited resources distribute those resources to elements waiting in line, and how those elements respond. Examples include data traversing computer networks, phone calls ...