A Cost and Profit Analysis of Markovian Queuing System with Two Priority Classes : A Computational Approach

Abstract

This paper focuses on cost and profit analysis of single-server Markovian queuing system with two priority classes. In this paper, functions of total expected cost, revenue and profit of the system are constructed and subjected to optimization with respect to its service rates of lower and higher priority classes. A computing algorithm has been developed on… (More)

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