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We consider the optimal pricing problem in a service facility in order to maximize its long-run average profit per unit … interested in both static and dynamic pricing for all three types of congestion penalties. In the static case, we demonstratethat …
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pricing and production scheduling problem(make-to-stock). For both types of problems, we compare the performance of different … scheduling policies. For the make-to-stock type problem, we also study the performance of different pricing strategies. The … compared to the alternative policies when dynamic pricing strategy is implemented. …
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