What are the key terms in queue theory?
An example of an AI chatbot conversation about queue theory terminology.
What are the key terms in queue theory?
Queue theory involves several key terms such as 'arrival rate', 'service rate', 'queue length', and 'waiting time'. Would you like to know more about any specific term?
Can you explain what 'arrival rate' means?
The 'arrival rate' refers to the frequency at which customers or items arrive at the queue, typically measured in units per time period.
What about 'service rate'?
The 'service rate' is the rate at which the server can process customers or items, also measured in units per time period.
How do these terms relate to each other?
The arrival rate and service rate are crucial for determining the performance of a queue. If the arrival rate exceeds the service rate, it can lead to longer wait times and larger queues.
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