On the optimality of a full-service policy for a queueing system with discounted costs (Q811983): Difference between revisions
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Property / cites work: Characterization and Computation of Optimal Policies for Operating an <i>M</i>/<i>G</i>/1 Queuing System with Removable Server / rank | |||
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Property / cites work: Applying a New Device in the Optimization of Exponential Queuing Systems / rank | |||
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Property / cites work: Q4315289 / rank | |||
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Property / cites work: The Optimality of Full Service Policies / rank | |||
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Property / cites work: <i>L</i> = λ<i>W</i>: A Discounted Analogue and a New Proof / rank | |||
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Latest revision as of 09:31, 24 June 2024
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English | On the optimality of a full-service policy for a queueing system with discounted costs |
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On the optimality of a full-service policy for a queueing system with discounted costs (English)
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23 January 2006
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The paper considers a single-server queueing system in which the service rate is a dynamic decision variable. There is a server cost per unit time (a non-decreasing function of the service rate) and a holding cost per unit time (a non-decreasing function of the number of customers in the system). The objective is to minimize the expected discounted cost over a finite or infinite horizon. The paper begins with a semi-Markov decision model for a single-server queue with exponentially distributed inter-arrival and service times. Then it presents a general model with weak probabilistic assumptions and demonstrates that the full-service policy minimizes both finite-horizon and infinite-horizon total discount cost on each sample path.
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