Performance analysis of NTT/BT protocol is investigated, which is a GFC (Generic Flow Control) ptotocol in ATM (Asynchronous Transfer Mode ) network and is based on cyclic reset mechanism. THe mean cell delay time is proposed as a performance measure of NTT/BT protocol. The mean cell delay time is defined as the duration from the instant the cell arrives at the transmission buffer until the cell is fully transmitted. The process of cell transmission can be described as a single server queueing modle with two dependent services. By utilizing this model, mean cell delay time is obtained and sensitivity of the factors such as window size and reset period is also analysed.