Integrated Pricing and Queuing Problem, M.Sc. Thesis Sharif University of Technology ; Shavandi, Hasan (Supervisor)
Abstract
Joint price and service capacity decisions and integrated pricing and queuing problems with finite or infinite buffers are two remarkable issues of pricing research. In this thesis we consider a joint price and service capacity determination problem in a single server, finite buffer queuing system. Customers arrival and serving occur as Poisson processes. Because of finite buffer capacity, customers finding the system full upon their arrival would be rejected. Customers differ with respect to their reservation prices and time sensitivities. This study focuses on investigating the effect of finite buffer capacity and customers reservation prices and time sensitivities on optimal policy and...
Cataloging briefIntegrated Pricing and Queuing Problem, M.Sc. Thesis Sharif University of Technology ; Shavandi, Hasan (Supervisor)
Abstract
Joint price and service capacity decisions and integrated pricing and queuing problems with finite or infinite buffers are two remarkable issues of pricing research. In this thesis we consider a joint price and service capacity determination problem in a single server, finite buffer queuing system. Customers arrival and serving occur as Poisson processes. Because of finite buffer capacity, customers finding the system full upon their arrival would be rejected. Customers differ with respect to their reservation prices and time sensitivities. This study focuses on investigating the effect of finite buffer capacity and customers reservation prices and time sensitivities on optimal policy and...
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