Simulation and Queueing Theory Applied to a Single Server Queue with Advertising and Balking

Details

Serval ID
serval:BIB_F6D477374702
Type
Article: article from journal or magazin.
Collection
Publications
Title
Simulation and Queueing Theory Applied to a Single Server Queue with Advertising and Balking
Journal
Journal of the Operational Research Society
Author(s)
van Ackere A., Ninios P.
ISSN
0160-5682
Publication state
Published
Issued date
1993
Peer-reviewed
Oui
Volume
44
Number
4
Pages
407-414
Language
english
Abstract
We use a single-server queueing model, with limited waiting room capacity, to model a situation where the manager of a facility tries to maximize the profit generated by the facility. He advertises to attract customers. The effectiveness of advertising may depend on the reputation of the facility, which is measured by the fraction of customers who balk. We assume Poisson arrivals and allow Erlang service times to study how the variance of service times affects the optimal policy, both when the efficiency of advertising is exogenous, and when it is a function of the balking rate. We conclude that the optimal policies are similar for deterministic service times, but diverge as the variance of the service time increases.
Keywords
Pricing, Simulation, Queueing
Web of science
Create date
02/06/2009 15:42
Last modification date
20/08/2019 17:23
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