IV · Queueing theory
M/M/1 queue
What it is
Single server, Poisson arrivals (rate λ), exponential service (rate μ). Average wait W = 1/(μ−λ).
Where it lives
Initial latency models for any single-bottleneck system. The clean baseline before reality intrudes.
The key insight
The (μ−λ) denominator: as utilisation approaches 1, wait time → ∞. You cannot run a server at 99% utilisation.