It refers to when a job is put into a queue, and has to wait there until it can be executed. The time it waits there before being executed it called the queueing delay.
This term is most often used in reference to routers. When packets arrive at a router, they have to be processed and transmitted. A router can only process one packet at a time. If packets arrive faster than the router can process them (such as in a burst transmission) the router puts them into the queue (also called the buffer) until it can get around to transmitting them.
Queuing delay is proportional to buffer size. The longer the line of packets waiting to be transmitted, the longer the average waiting time is. However, this is much preferable to a shorter buffer, which would result in dropped packets, which in turn would result in much longer overall transmission times.
Calculation of Time
For a router
the average queuing delay is:
Using sum-of-series simplification, this simplifies to:
See also: Queueing theory