Congestion-based lead-time quotation for heterogenous customers with convex-concave delay costs: optimality of a cost-balancing policy based on convex hull functions

DOI10.1287/OPRE.1120.1117MaRDI QIDQ4909119zbMATH OpenOpenAlexWikidataFDO

Authors Mustafa Akan, Barış Ata, Tava Lennon Olsen

Publication date 12 March 2013

Published in Operations Research (Search for Journal in Brave)

Full work available at URL https://semanticscholar.org/paper/c857b469010ebdd9d86b43b6cfd06197c5ccbd75

zbMATH Keywords

diffusion modelsreview/lead-times policiesstochastic uncertainty

Mathematics Subject Classification ID

Queues and service in operations research (90B22)

Recommendations

• Congestion-based leadtime quotation and pricing for revenue maximization with heterogeneous customers
• Fair and profitable: how pricing and lead-time quotation policies can help
• Near-Optimal Dynamic Lead-Time Quotation and Scheduling Under Convex-Concave Customer Delay Costs
• Single versus dynamic lead-time quotations in make-to-order systems with delay-averse customers
• Optimal Leadtime Differentiation via Diffusion Approximations

Cited in

(6)

• Congestion-based leadtime quotation and pricing for revenue maximization with heterogeneous customers
• Optimising key performance indicator adherence with application to emergency department congestion
• Near-Optimal Dynamic Lead-Time Quotation and Scheduling Under Convex-Concave Customer Delay Costs
• On scheduling a multiclass queue with abandonments under general delay costs
• Dynamic scheduling of a GI/GI/1+GI queue with multiple customer classes
• Optimal pricing and scheduling control of product shipping

This page was built for publication: Congestion-based lead-time quotation for heterogenous customers with convex-concave delay costs: optimality of a cost-balancing policy based on convex hull functions

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q4909119)