What are some practical applications of queueing theory?
Queueing theory is used in various fields like telecommunications, traffic engineering, and service systems to optimize performance.
Can you give me an example in telecommunications?
Sure! In telecommunications, queueing theory helps manage data packets in networks to reduce latency and improve bandwidth.
How about in traffic management?
In traffic management, queueing models help design traffic signals and manage congestion at intersections.
What about in healthcare?
In healthcare, queueing theory is used to optimize patient flow in hospitals, reducing wait times and improving service.
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