Abstract
We obtain Bayes estimator and its posterior Bayes risk of traffic intensity for the queueing model under the squared error loss function (SELF), when the observed data is on independent inter-arrival times and service times. We also obtain the Bayes estimators and their posterior Bayes risk of other system performance measures under SELF. The Bayes estimators are compared against the maximum likelihood estimators through simulation. The proposed Bayesian methodology is carried out for a real data observed on an ATM service point of a bank.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: American Journal of Mathematical and Management Sciences
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
