Modeling, Analysis, and Optimization for Mathematical Finance, Economics, and Risks is a critical domain that integrates mathematical theory with practical applications to address the complexities of modern financial and economic systems. This special issue focuses on recent studies that are...

This study presents a generalized approach for implementing the Triadic control policy in queueing modeling of a redundant machining system with multiple servers. The machining system further integrates a policy for servers that allows for multiple working vacations. The fluctuation of active...

This paper studies a mathematical analysis of scrap item-based single server stochastic queueing, which consists of storage space for the scrap items collected from the customers. The primary customers arrive in the finite waiting hall to sell scrap or recyclable products. The server collects...

Purpose The purpose of this paper is to develop a framework to evaluate and assess the performance of the COVID-19 vaccine distribution process that is sensitive to the unique supply-side and demand-side constraints exhibited in the US vaccine rollout. Design/methodology/approach A queuing...