Optimal incentive-compatible pricing for M/G/1 queues

Authors:
Yong J. Kim;Michael V. Mannino
Affiliations:
College of Business Administration, Kongkuk University, Seoul, South Korea;The Business School, University of Colorado at Denver, Denver, CO 80202, USA
Venue:
Operations Research Letters
Year:
2003

Citing 2
Cited 1

Optimal incentive-compatible priority pricing for the M/M/1 queue

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Abstract

This paper extends the applicability of the pricing results of Mendelson and Whang (Oper. Res. 38 (5) (1990) 870) and Balachandran and Radhakrishnan (Management Sci. 40 (10) (1994) 353) for congested service facilities by considering general, class-dependent, service time distributions. Two theorems for nonpreemptive M/G/1 queues and preemptive-resume M/G/1 queues are presented.