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Related papers: A queueing/inventory and an insurance risk model

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We develop a class of non-life reserving models using a stable-1/2 random bridge to simulate the accumulation of paid claims, allowing for an essentially arbitrary choice of a priori distribution for the ultimate loss. Taking an…

General Finance · Quantitative Finance 2015-03-17 Edward Hoyle , Lane P. Hughston , Andrea Macrina

We study the impact of service-time distributions on the distribution of the maximum queue length during a busy period for the M^X/G/1 queue. The maximum queue length is an important random variable to understand when designing the buffer…

Probability · Mathematics 2007-05-23 Ger Koole , Misja Nuyens , Rhonda Righter

This paper studies an optimal investment-reinsurance problem for an insurer (she) under the Cram\'er--Lundberg model with monotone mean--variance (MMV) criterion. At any time, the insurer can purchase reinsurance (or acquire new business)…

Portfolio Management · Quantitative Finance 2024-05-30 Xiaomin Shi , Zuo Quan Xu

This paper explores an optimal investment and reinsurance problem involving both ordinary and catastrophe insurance businesses. The catastrophic events are modeled as following a compound Poisson process, impacting the ordinary insurance…

Optimization and Control · Mathematics 2023-11-01 Bohan Li , Junyi Guo , Xiaoqing Liang

In this paper, we prove a characterization theorem on the number of losses during a busy period in $GI^X/GI^Y/1/n$ queueing systems, in which interarrival time distribution belongs to the class NWUE.

Probability · Mathematics 2013-01-16 Vyacheslav M. Abramov

A single queueing system with time-dependent exponentially distributed arrival processes and exponential machine processes (Kendall notation $M_t/M_t/1$) is analyzed. Modeling the time evolution for the discrete queue-length distribution by…

Probability · Mathematics 2018-12-21 Dieter Armbruster , Simone Göttlich , Stephan Knapp

Discrete-time queueing models find huge applications as they are used in modeling queueing systems arising in digital platforms like telecommunication systems, computer networks, etc. In this paper, we analyze an infinite-buffer queueing…

Probability · Mathematics 2023-01-13 U. C. Gupta , Nitin Kumar , S. Pradhan , F. P. Barbhuiya

We consider an M/M/1 feedback queue in which service attempts may fail, requiring the customer to rejoin the queue. Arriving customers act strategically, deciding whether to join the queue based on a threshold strategy that depends on the…

Probability · Mathematics 2025-07-16 Peter Taylor , Jiesen Wang

We introduce the {\Delta}(i)/GI/1 queue, a new queueing model. In this model, customers from a given population independently sample a time to arrive from some given distribution F. Thus, the arrival times are an ordered statistics, and the…

Probability · Mathematics 2014-12-09 Harsha Honnappa , Rahul Jain , Amy R. Ward

We study the MAP/M/s+G queuing model with MAP (Markovian Arrival Process) arrivals, exponentially distributed service times, infinite waiting room, and generally distributed patience times. Using sample-path arguments, we propose to obtain…

Performance · Computer Science 2021-10-22 Omer Gursoy , Kamal Adli Mehr , Nail Akar

The presented study elaborates a multi-server catastrophic retrial queueing model considering preemptive repeat priority policy with phase-type (PH) distributed retrial times. For the sake of comprehension, the scenario of model operation…

Systems and Control · Electrical Eng. & Systems 2022-04-13 Raina Raj , Vidyottama Jain

In this paper the infinite server queue model in semi-Markov random environment with k Markov arrival streams, random resources of customers, and catastrophes is considered. After catastrophes occur, all customers in the model are flashed…

Performance · Computer Science 2018-05-25 Khanik Kerobyan , Ruben Kerobyan , Koffi Enakoutsa

In the present work we study Bayesian nonparametric inference for the continuous-time M/G/1 queueing system. In the focus of the study is the unobservable service time distribution. We assume that the only available data of the system are…

Statistics Theory · Mathematics 2017-09-22 Cornelia Wichelhaus , Moritz von Rohrscheidt

Accurate estimation of queuing delays is crucial for designing and optimizing communication networks, particularly in the context of Deterministic Networking (DetNet) scenarios. This study investigates the approximation of Internet queuing…

Networking and Internet Architecture · Computer Science 2024-06-25 Nataliia Koneva , Alfonso Sánchez-Macián , José Alberto Hernández , Farhad Arpanaei , Óscar González de Dios

The main contribution of this paper is to present a new sufficient condition for the subexponential asymptotics of the stationary distribution of a GI/GI/1-type Markov chain without jumps from level "infinity" to level zero. For simplicity,…

Probability · Mathematics 2014-06-30 Hiroyuki Masuyama

We consider the single server queue with service in random order. For a large class of heavy-tailed service time distributions, we determine the asymptotic behavior of the waiting time distribution. For the special case of Poisson arrivals…

Probability · Mathematics 2017-11-29 Onno Boxma , Sergey Foss , Jean-Marc Lasgouttes , Rudesindo Núñez Queija

We introduce and study a new model: 0-automatic queues. Roughly, 0-automatic queues are characterized by a special buffering mechanism evolving like a random walk on some infinite group or monoid. The salient result is that all stable…

Discrete Mathematics · Computer Science 2007-07-25 Thu-Ha Dao-Thi , Jean Mairesse

We study in this paper an $M/M/1$ queue whose server rate depends upon the state of an independent Ornstein-Uhlenbeck diffusion process $(X(t))$ so that its value at time $t$ is $\mu \phi(X(t))$, where $\phi(x)$ is some bounded function and…

Networking and Internet Architecture · Computer Science 2008-12-16 Christine Fricker , Fabrice Guillemin , Philippe Robert

Operators on probability distributions can be expressed as operators on the associated moment sequences, and so correspond to operators on integer sequences. Thus, there is an opportunity to apply each theory to the other. Moreover,…

Probability · Mathematics 2010-06-04 Joseph Abate , Ward Whitt

We consider a general queueing system with price-sensitive customers in which the service provider seeks to balance two objectives, maximizing the average revenue rate and minimizing the average queue length. Customers arrive according to a…

Data Structures and Algorithms · Computer Science 2025-12-09 Jacob Bergquist , Adam N. Elmachtoub