Maglaras, Constantinos; Meissner, Joern - In: Manufacturing & Service Operations Management 8 (2006) 2, pp. 136-148
Consider a firm that owns a fixed capacity of a resource that is consumed in the production or delivery of multiple products. The firm strives to maximize its total expected revenues over a finite horizon, either by choosing a dynamic pricing strategy for each product or, if prices are fixed, by...