A note on the optimal pricing strategy in the discrete-time Geo/Geo/1 queuing system with sojourn time-dependent reward

This work studies the optimal pricing strategy in a discrete-time Geo/Geo/1 queuing system under the sojourn time-dependent reward. We consider two types of pricing schemes. The first one is called the ex-post payment scheme where the server charges a price that is proportional to the time a custome...

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Bibliographic Details
Main Author: Doo Ho Lee
Format: Article
Language:English
Published: Elsevier 2017-01-01
Series:Operations Research Perspectives
Online Access:http://www.sciencedirect.com/science/article/pii/S2214716016301178