Joint pricing and inventory control for a production-inventory queueing system

DOI10.1007/S10479-022-04948-1MaRDI QIDQ6148747zbMATH OpenFDO

Authors Bara Kim, Jeongsim Kim, Sungji Lee

Publication date 8 February 2024

Published in Annals of Operations Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/S10479-022-04948-1

zbMATH Keywords

equilibrium strategyproduction-inventory queueing systemprofit ratesocial benefit rate

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Queues and service in operations research (90B22) Management decision making, including multiple objectives (90B50)

Recommendations

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Cites work

• A revisit to queueing-inventory system with positive service time
• Congestion Tolls for Poisson Queuing Processes
• Control policies for single-stage production systems with perishable inventory and customer impatience
• Equilibrium joining probabilities for an M/G/1 queue
• scientific article; zbMATH DE number 5135703 (Why is no real title available?)
• Joint pricing and inventory management with strategic customers
• Modeling and optimization of a product-service system with additional service capacity and impatient customers
• Optimal control of a production-inventory system with customer impatience
• Rational queueing
• Stability and optimization of a production inventory system under prioritized base-stock control
• Technical Note—A One-Product Production/Inventory Problem under Continuous Review Policy
• The Regulation of Queue Size by Levying Tolls
• The Role of Inventory in Delivery-Time Competition
• To queue or not to queue: equilibrium behavior in queueing systems.

Cited in

(2)

• Subsidize or charge? Optimal pricing in a two-stage sales system facing network effects and customer strategic behavior
• Equilibrium analysis of an observable queueing-inventory system with normal and emergency replenishment policies

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