Optimal prices for finite capacity queueing systems

  title={Optimal prices for finite capacity queueing systems},
  author={Serhan Ziya and Hayriye Ayhan and Robert D. Foley},
  journal={Oper. Res. Lett.},
We prove a lower bound on the optimal price for a fairly large class of blocking systems with general arrival and service processes, determine optimal price expressions for M/M/1/m and M/GI/s/s systems, and investigate how optimal prices change with changes in the size of the waiting room and service 
Highly Cited
This paper has 26 citations. REVIEW CITATIONS

From This Paper

Topics from this paper.


Publications referenced by this paper.
Showing 1-9 of 9 references

Cost Allocation and Opportunity Costs

  • B. L. Miller, A. G. Buckman
  • Management Science 33
  • 1987
1 Excerpt


  • P. Franken, D. Konig
  • Arndt, V.Schmidt, Queues and Point Processes…
  • 1981
1 Excerpt

Proof of a Convexity Property of the Erlang B formula

  • E. Messerli
  • The Bell System Technical Journal April
  • 1972
1 Excerpt

Similar Papers

Loading similar papers…