Intro to Probabilistic Methods
Steady state refers to a condition in which a system's parameters remain constant over time, despite ongoing processes that may occur within the system. In the context of queueing theory, it signifies a situation where the arrival rate and service rate are balanced, resulting in stable performance metrics such as average wait times and queue lengths. This equilibrium allows for reliable predictions about system behavior, which is crucial for effective decision-making in various applications.
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