An interesting property of an M/M/1 queue, which greatly simplifies combining these queues into a network, is the surprising fact that the output of an M/M/1 queue with arrival rate λ is a Poisson process of rate
This chapter discusses privately owned forests and timber management in a market economy, including : (1) private property rights and tenure (2) landowner objectives (3) landowner characteristics (4) markets (5) government policies impacts