Sensitivity of optimal prices to system parameters in a steady-state service facility

DOI10.1016/j.ejor.2007.10.061zbMath1152.90376MaRDI QIDQ2519083

Hayriye Ayhan, Tûba Aktaran-Kalaycı

Publication date: 22 January 2009

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.ejor.2007.10.061

zbMATH Keywords

queueing; stochastic programming; Markov decision processes; pricing; robustness and sensitivity analysis

Mathematics Subject Classification ID

90C15: Stochastic programming

90B22: Queues and service in operations research

90C40: Markov and semi-Markov decision processes

Related Items

Effects of System Parameters on the Optimal Cost and Policy in a Class of Multidimensional Queueing Control Problems, Combining standardized time series area and Cramér–von Mises variance estimators, Congestion-dependent pricing in a stochastic service system, Price and Lead Time Quotation for Contract and Spot Customers, Dynamic pricing and scheduling in a multi-class single-server queueing system, Analysis of bandwidth allocation on end-to-end QoS networks under budget control, Effects of system parameters on the optimal policy structure in a class of queueing control problems, Optimal pricing for tandem queues with finite buffers, Dynamic lead time quotation under responsive inventory and multiple customer classes

Cites Work

• Unnamed Item
• Optimal static pricing for a service facility with holding costs
• Incentive-Compatible Pricing for a Service Facility with Joint Production and Congestion Externalities
• Pricing and Capacity Decisions for a Service Facility: Stability and Multiple Local Optima
• Congestion Tolls for Poisson Queuing Processes
• Optimal Dynamic Pricing Policies for an M/M/s Queue
• Individual versus Social Optimization in Exponential Congestion Systems
• Optimal Prices of an M/G/1 Jobshop
• Optimal Pricing for an Unbounded Queue
• Optimal Incentive-Compatible Priority Pricing for the M/M/1 Queue
• On Optimal Balking Rules and Toll Charges in the GI/M/1 Queuing Process
• Individual and Social Optimization in a Multiserver Queue with a General Cost-Benefit Structure
• User Delay Costs and Internal Pricing for a Service Facility