A proof of the conjecture in "Pricing surplus server capacity for mean waiting time sensitive customers".
Manu K. GuptaNandyala HemachandraPublished in: VALUETOOLS (2019)
Keyphrases
- optimal capacity
- single server
- optimal pricing
- mechanism design
- holding cost
- limited capacity
- service times
- revenue management
- client server
- arrival process
- pricing strategies
- customer demand
- customer classes
- customer satisfaction
- poisson arrivals
- long run
- call center
- single product
- web server
- capacity expansion
- dynamic pricing
- offered load
- arrival rate
- special case
- queueing model
- market conditions
- queue length
- steady state
- expected profit
- customer service
- central server
- database
- asymptotically optimal
- expected cost
- theorem proving
- theorem prover
- financial markets
- queueing networks
- total cost
- web services