Profit maximization in the $M/M/1$ queue

DOI10.1016/j.orl.2017.06.003zbMath1409.90058OpenAlexW2728589538MaRDI QIDQ1728301

Refael Hassin, Alexandra Koshman

Publication date: 22 February 2019

Published in: Operations Research Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.orl.2017.06.003

zbMATH Keywords

observable queueshigh-low announcementsprofit-maximization in a queueing system

Mathematics Subject Classification ID

Queueing theory (aspects of probability theory) (60K25) Queues and service in operations research (90B22)

Related Items (9)

On the optimal disclosure of queue length information ⋮ Admission and pricing optimization of on-street parking with delivery bays ⋮ Service facilities with risk‐averse customers: a simulation approach ⋮ The effect of customer awareness on priority queues ⋮ Revenue maximization in two‐station tandem queueing systems ⋮ Optimal Signaling Mechanisms in Unobservable Queues ⋮ Inefficiency in stochastic queueing systems with strategic customers ⋮ Strategic customer behavior in a queueing system with alternating information structure ⋮ Optimal pricing for tandem queues with finite buffers

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