One of the main building blocks of economics is the theory of the consumer, which postulates that consumers are utility maximizing. However, from a computational perspective, this model is called into question because the task of utility maximization subject to a budget constraint is...

The M/G/K queueing system is one of the oldest models for multiserver systems and has been the topic of performance papers for almost half a century. However, even now, only coarse approximations exist for its mean waiting time. All the closed-form (nonnumerical) approximations in the literature...