Social Optimization and Pricing Strategies in Unobservable Queues with Delayed Multiple Vacations. (12th March 2019)
- Record Type:
- Journal Article
- Title:
- Social Optimization and Pricing Strategies in Unobservable Queues with Delayed Multiple Vacations. (12th March 2019)
- Main Title:
- Social Optimization and Pricing Strategies in Unobservable Queues with Delayed Multiple Vacations
- Authors:
- Tian, Ruiling
- Other Names:
- Skouri Konstantina Academic Editor.
- Abstract:
- Abstract : The paper considers the single-server Markovian queues with delayed multiple vacations. Once the system becomes empty, the server will experience a changeover time to begin the vacation. By using the matrix-geometric solution method, we obtain the stationary probability distribution and the mean queue length under almost unobservable and fully unobservable cases. Based on the system status information and a linear reward-cost structure reflecting the desire of customers for service and their unwillingness for waiting, the social welfare function is determined. We also investigate optimal pricing strategies of the server under the ex-postpayment scheme and the ex-antepayment scheme, and we get the customer's equilibrium strategy under optimal pricing strategy. Finally, we illustrate the effect of several parameters and information levels on socially optimal strategies and optimal social benefit by numerical examples.
- Is Part Of:
- Mathematical problems in engineering. Volume 2019(2019)
- Journal:
- Mathematical problems in engineering
- Issue:
- Volume 2019(2019)
- Issue Display:
- Volume 2019, Issue 2019 (2019)
- Year:
- 2019
- Volume:
- 2019
- Issue:
- 2019
- Issue Sort Value:
- 2019-2019-2019-0000
- Page Start:
- Page End:
- Publication Date:
- 2019-03-12
- Subjects:
- Engineering mathematics -- Periodicals
510.2462 - Journal URLs:
- https://www.hindawi.com/journals/mpe/ ↗
http://www.gbhap-us.com/journals/238/238-top.htm ↗ - DOI:
- 10.1155/2019/4684957 ↗
- Languages:
- English
- ISSNs:
- 1024-123X
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library HMNTS - ELD Digital store
- Ingest File:
- 10326.xml