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Consider a revenue-maximizing provider who holds inventories for multiple components and adopts mix-bundling to sell a line of products made up of individual components and bundles that comprise these components. Consumers arrive over a finite time horizon up to the time of consumption and each...
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Stochastic processing networks (SPN) are, in general, difficult objects to study analytically. The diffusion approximation refers to using the stationary distribution of the diffusion limit as an approximation of the diffusion-scaled process (say, the workload) in the original SPN. To validate...
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