Balance Equation - Global Balance

Global Balance

The global balance equations (also known as full balance equations) are a set of equations that in principle can always be solved to give the equilibrium distribution of a Markov chain (when such a distribution exists). For a Markov chain with state space S, transition rate from state i to j given by qij and equilibrium distribution given by, the global balance equations are given for every state i in S by

Here represents the probability flux from state i to state j. In general it is computationally intractable to solve this system of equations for most queueing models.

For a discrete time Markov chain with transition matrix P and equilibrium distribution the global balance equation is

Read more about this topic:  Balance Equation

Famous quotes containing the words global and/or balance:

    However global I strove to become in my thinking over the past twenty years, my sons kept me rooted to an utterly pedestrian view, intimately involved with the most inspiring and fractious passages in human development. However unconsciously by now, motherhood informs every thought I have, influencing everything I do. More than any other part of my life, being a mother taught me what it means to be human.
    Mary Kay Blakely (20th century)

    Both the man of science and the man of art live always at the edge of mystery, surrounded by it. Both, as a measure of their creation, have always had to do with the harmonization of what is new with what is familiar, with the balance between novelty and synthesis, with the struggle to make partial order in total chaos.... This cannot be an easy life.
    J. Robert Oppenheimer (1904–1967)