Optimal Dynamic Pricing Policies for an M/M/s Queue

Queueing theory (aspects of probability theory) (60K25) Applications of queueing theory (congestion, allocation, storage, traffic, etc.) (60K30) Markov and semi-Markov decision processes (90C40)

Cited In (21)

Optimal pricing for a \(\mathrm{GI}/\mathrm{M}/k/N\) queue with several customer types and holding costs
A note on optimal pricing for finite capacity queueing systems with multiple customer classes
Congestion-dependent pricing in a stochastic service system
Architecture and robustness tradeoffs in speed-scaled queues with application to energy management
Optimal admission and pricing control problem with deterministic service times and sideline profit
Customer selection problem with profit from a sideline
On the trade-off between queue congestion and server's reward in an M/M/1 queue
Lead-time quotations in unobservable make-to-order systems with strategic customers: risk aversion, load control and profit maximization
The value of dynamic pricing in large queueing systems
Optimal pricing for tandem queues with finite buffers
Revenue management for a make-to-order company with limited inventory capacity
Sensitivity of optimal prices to system parameters in a steady-state service facility
Fair and profitable: how pricing and lead-time quotation policies can help
Dynamic pricing and scheduling in a multi-class single-server queueing system
Optimal admission and pricing control problems in service industries with multiple servers and sideline profit
Computing the conditional entry-state distribution in Erlang loss systems
An overview for Markov decision processes in queues and networks
On the optimality of a maintenance queueing system
Discrete time controllable processes with bounded drift and their application in queueing systems
CUSTOMER SELECTION PROBLEM WITH SEARCH COST, DUE DATE, SIDELINE PROFIT, AND NO WAITING ROOM
Lock and no-lock mortgage plans: Is it only a matter of risk shifting?

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