Congestion-based leadtime quotation and pricing for revenue maximization with heterogeneous customers.
Baris AtaTava Lennon OlsenPublished in: Queueing Syst. Theory Appl. (2013)
Keyphrases
- inventory level
- dynamic pricing
- lead time
- optimal pricing
- single product
- inventory control
- pricing strategies
- revenue management
- customer demand
- expected cost
- supply chain
- single item
- optimal policy
- total cost
- service level
- holding cost
- long run
- inventory systems
- periodic review
- lot sizing
- pricing model
- production system
- single server queue
- poisson process
- infinite horizon
- state dependent
- random variables
- lost sales
- single stage
- information asymmetry
- customer base
- expected profit
- multi item
- objective function
- inventory costs
- service requirements
- stochastic demand
- planning horizon
- production cost
- call center
- multistage
- dynamic programming