matrix scheme

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    Matrix Scheme in Queueing Theory

    A Matrix Scheme is easily represented as a simple M/M/1 queue within the context of Queueing Theory In such a system you have a Markovian arrival, Markovian service, and one single server (F. S. Hiller and G. J. Lieberman. Introduction to Operations Research. McGraw-Hill, New York, 1995). In...
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    Matrix scheme

    A matrix scheme, also known as a Matrix Site, Elevator Scheme, Escalator Scheme or Ladder Scheme, is a business model involving the exchange of money for a certain product with a side bonus of being added to a waiting list for a product of greater value than the amount given. Matrix schemes are...
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