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  2. Erlang (programming language) - Wikipedia

    en.wikipedia.org/wiki/Erlang_(programming_language)

    Erlang (/ ˈ ɜːr l æ ŋ / UR-lang) is a general-purpose, concurrent, functional high-level programming language, and a garbage-collected runtime system.The term Erlang is used interchangeably with Erlang/OTP, or Open Telecom Platform (OTP), which consists of the Erlang runtime system, several ready-to-use components (OTP) mainly written in Erlang, and a set of design principles for Erlang ...

  3. Erlang distribution - Wikipedia

    en.wikipedia.org/wiki/Erlang_distribution

    In fact, this distribution is sometimes called the Erlang-k distribution (e.g., an Erlang-2 distribution is an Erlang distribution with =). The gamma distribution generalizes the Erlang distribution by allowing k to be any positive real number, using the gamma function instead of the factorial function.

  4. LFE (programming language) - Wikipedia

    en.wikipedia.org/wiki/LFE_(programming_language)

    Lisp Flavored Erlang (LFE) is a functional, concurrent, garbage collected, general-purpose programming language and Lisp dialect built on Core Erlang and the Erlang virtual machine . LFE builds on Erlang to provide a Lisp syntax for writing distributed, fault-tolerant , soft real-time , non-stop applications.

  5. M/M/c queue - Wikipedia

    en.wikipedia.org/wiki/M/M/c_queue

    In queueing theory, a discipline within the mathematical theory of probability, the M/M/c queue (or Erlang–C model [1]: 495 ) is a multi-server queueing model. [2] In Kendall's notation it describes a system where arrivals form a single queue and are governed by a Poisson process, there are c servers, and job service times are exponentially distributed. [3]

  6. What is the time value of money? - AOL

    www.aol.com/finance/time-value-money-204611483.html

    The time value of money is the idea that receiving a given amount of money today is more valuable than receiving the same amount in the future due to its potential earning capacity.

  7. Queueing theory - Wikipedia

    en.wikipedia.org/wiki/Queueing_theory

    Queueing theory is generally considered a branch of operations research because the results are often used when making business decisions about the resources needed to provide a service. Queueing theory has its origins in research by Agner Krarup Erlang , who created models to describe the system of incoming calls at the Copenhagen Telephone ...

  8. Hypoexponential distribution - Wikipedia

    en.wikipedia.org/wiki/Hypoexponential_distribution

    In probability theory the hypoexponential distribution or the generalized Erlang distribution is a continuous distribution, that has found use in the same fields as the Erlang distribution, such as queueing theory, teletraffic engineering and more generally in stochastic processes.

  9. Traffic intensity - Wikipedia

    en.wikipedia.org/wiki/Traffic_intensity

    In telecommunications networks, traffic intensity is a measure of the average occupancy of a server or resource during a specified period of time, normally a busy hour.It is measured in traffic units and defined as the ratio of the time during which a facility is cumulatively occupied to the time this facility is available for occupancy.