queuing theory

queuing theory definition - business

queuing theory

A mathematical analysis of waiting lines. For example, a traffic engineer uses queuing theory to set the timing for stoplights along a major thoroughfare. A hospital manager uses queuing theory to establish staffing levels.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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