Queue
A number of customers for a good or service waiting to be served. Queue discipline describes the order in which customers are served: this may be first-come first-served, random order, or last-in first-out, or some system of priorities may be used. Queuing models analyse the behaviour of queues, often using numerical simulation, and explore efficient ways of handling queues.
Reference: Oxford Press Dictonary of Economics, 5th edt.
More definitions
Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >
