M/M/1 Queue Model

The M/M/1 queue model describes a system where customers arrive randomly at a single service point, and each customer is served one at a time. "M/M/1" indicates that both arrivals and service times follow exponential (random) distributions, and there’s only one server. It helps analyze the average number of customers in the system, how long they wait, and the system’s efficiency. This model is useful in various settings like customer service, network data packets, or checkout lines, providing insights into how systems perform under different traffic levels.