A closed network is said to be ''guaranteed efficient'' if the through
put converges under all non-idling policies to the capacity of the bot
tlenecks in the network, as the number of trapped customers increases
to infinity. We obtain a necessary condition for guaranteed efficiency
of closed re-entrant lines. For balanced two-station systems, this ne
cessary condition is almost sufficient, differing from it only by the
strictness of an inequality. This near characterization is obtained by
studying a special type of virtual station called ''alternating visit
virtual station''. These special virtual stations allow us to relate
the necessary condition to certain indices arising in heavy traffic st
udies using a Brownian network approximation, as well as to certain po
licies proposed as being extremal with respect to the asymptotic loss
in the throughput. Using the near characterization of guaranteed effic
iency we also answer the often pondered question of whether an open ne
twork or its closed counterpart has greater throughput - the answer is
that neither can assure a greater guaranteed throughput.