Revenue optimization for a make-to-order queue in an uncertain market environment

DOI10.1287/OPRE.1080.0645MaRDI QIDQ3100439zbMATH OpenOpenAlexFDO

Authors Omar Besbes, Constantinos Maglaras

Publication date 24 November 2011

Published in Operations Research (Search for Journal in Brave)

Full work available at URL https://repository.upenn.edu/oid_papers/120

zbMATH Keywords

queueingasymptotic analysisdynamic pricingrevenue managementmarket uncertaintystate-dependent queues

Mathematics Subject Classification ID

Queues and service in operations research (90B22) Stochastic models in economics (91B70)

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Cited in

(19)

• Congestion-based leadtime quotation and pricing for revenue maximization with heterogeneous customers
• Queueing dynamics and state space collapse in fragmented limit order book markets
• Queueing with priorities and standard service: stoppable and unstoppable servers
• Knowledge, congestion, and economics: parameter uncertainty in Naor's model
• Model predictive control for dynamic resource allocation
• Revenue management in make-to-order manufacturing-an application to the iron and steel industry
• Fair resource allocation in a volatile marketplace
• Consignment contracts with retail competition
• The value of dynamic pricing in large queueing systems
• Dual bounds of a service level assignment problem with applications to efficient pricing
• An optimal callback policy for general arrival processes: a pathwise analysis
• Revenue management for a make-to-order company with limited inventory capacity
• Joint pricing and inventory management with strategic customers
• Naor's model with heterogeneous customers and arrival rate uncertainty
• Equilibrium analysis of observable express service with customer choice
• Revenue Management of a Make-to-Stock Queue
• An overview for Markov decision processes in queues and networks
• Strategic behavior in queues with arrival rate uncertainty
• Equilibrium strategies and optimal pricing in an online retailing queueing system

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