“…final (or, exact) values. The main advantage of iterative methods, compared with direct methods,isbecauseiterativemethodsmaintaintheparametermatrix (Stewart,1994;Lokhina, 2016;Radev,LokshinaandDenchev,2007),sinceefficientsparsestorageschemesandefficient sparsity-preservingalgorithmsareapplied.Ontheotherhand,themaindisadvantageofiterative methodsisthatconvergenceisnotalwaysguaranteed (RubinsteinandMelamed,1998;Lokshina, 2016), and it is highly dependent on the applied method (Hassin and Haviv, 2003;Krieger, Muller-ClostermannandSczittnick,1990;Lokshina,2016;LokshinaandBartolacci,2012).The rateofconvergenceisverysensitiveforentryvaluesintheparametermatrix (Trivedi,2001;Lokshina,2016;Radev,LokshinaandDenchev,2007). Theimportanttaskhereistoobtainexactorapproximatenumericalsolutionsforglobaland localbalanceequationsofqueueingsystemswithMarkovchains (HassinandHaviv,2003;Hayesand GaneshBabu,2004;Lokshina,2016;LokshinaandBartolacci,2012;LokshinaandBartolacci,2007;Radev,LokshinaandDenchev,2007).Thisisafocalpointformodelingclosedandopenqueueing networks,especiallywithheavytailedtraffic.…”