We study an online random linear network coding approach for time division duplexing (TDD) channels under Poisson arrivals. We model the system as a bulk-service queue with variable bulk size and with feedback, i.e., when a set of packets are serviced at a given time, they might be reintroduced to the queue to form part of the next service batch. We show that there is an optimal number of coded data packets that the sender should transmit back-to-back before stopping to wait for an acknowledgement from the receiver. This number depends on the latency, probability of packet erasure, degrees of freedom at the receiver, the size of the coding window, and the arrival rate of the Poisson process. Random network coding is performed across a moving window of packets that depends on the packets in the queue, design constraints on the window size, and the feedback sent from the receiver. We study the mean time between generating a packet at the source and it being "seen", but not nece...