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congestion, the base rate (i.e., the prior probability of the customer type) has an effect on the agent's search strategy. In …
Persistent link: https://www.econbiz.de/10010990609
A reduced system is a smaller system derived in the process of analyzing a larger system. In solving for steady state probabilities of a Markov chain, generally the solution can be found by first solving a reduced system of equations which is obtained by appropriately partitioning the transition...
Persistent link: https://www.econbiz.de/10009214657
A nondeterministic polling system is considered in which a single server serves a number of stations. The service discipline at each station is, consistently, either nonexhaustive, semiexhaustive, gated, or exhaustive. If the server polls a station i which uses either the nonexhaustive or the...
Persistent link: https://www.econbiz.de/10009214877
To mitigate the threat that terrorists smuggle weapons of mass destruction into the United States through maritime containers, the U.S. Bureau of Customs and Border Protection (CBP) inspects containers upon entry to domestic ports. Inspection-driven congestion is costly, and CBP provides...
Persistent link: https://www.econbiz.de/10009203997
Service firms have increasingly been competing for market share on the basis of delivery time. Many firms now choose to set customer expectation by announcing their maximal delivery time. Customers will be satisfied if their perceived delivery times are shorter than their expectations. This gap...
Persistent link: https://www.econbiz.de/10009191210
This paper describes a new technique for modeling flow through a network of queues. The advantages of this method over many discrete event simulations or queueing theory techniques include simplicity, low cost and portability. The paper describes the kinds of processes to which the technique can...
Persistent link: https://www.econbiz.de/10009191900
The performance of in vitro fertilization-embryo transfer (IVF-ET) programs is summarized typically as the average probability of achieving pregnancy per cycle. Variation in conception probabilities across women reduces the usefulness of such an aggregate measure. More relevant is the...
Persistent link: https://www.econbiz.de/10009198069
Both noncooperative and cooperative game theory have been applied to business strategy. We propose a hybrid … noncooperative-cooperative game model, which we call a biform game. This is designed to formalize the notion of business strategy as … various well-known business strategies. We prove general results on when a business strategy, modelled as a biform game, will …
Persistent link: https://www.econbiz.de/10009214729
explanation of retention. <i>This paper was accepted by Bruno Cassiman, business strategy.</i> …
Persistent link: https://www.econbiz.de/10010990451
Past research has shown how outcomes in interorganizational relationships are influenced by the characteristics of the individual relationship in question. Focusing on relationships between suppliers and their organizational buyers, we augment this perspective by positing that relationship...
Persistent link: https://www.econbiz.de/10010990542