We consider an infinite capacity buffer where the incoming fluid traffic belongs to K different types modulated by K independent Markovian on-off processes. The kth input process is described by three parameters: (λk , μk , r k ), where 1/λk  is the mean off time, 1/μk  is the mean on time, and r k  is the constant peak rate during the on time. The buffer empties the fluid at rate c according to a first come first served (FCFS) discipline. The output process of type k fluid is neither Markovian, nor on-off. We approximate it by an on-off process by defining the process to be off if no fluid of type k is leaving the buffer, and on otherwise. We compute the mean on time τk  on and mean off time τk  off. We approximate the peak output rate by a constant r k  o so as to conserve the fluid. We approximate the output process by the three parameters (λk  o, μk  o, r k  o), where λk  o = 1/τk  off, and μk  o = 1/τk  on. In this paper we derive methods of computing τk  on, τk  off and r k  o for k = 1, 2,…, K. They are based on the results for the computation of expected reward in a fluid queueing system during a first passage time. We illustrate the methodology by a numerical example. In the last section we conduct a similar output analysis for a standard M/G/1 queue with K types of customers arriving according to independent Poisson processes and requiring independent generally distributed service times, and following a FCFS service discipline. For this case we are able to get analytical results.