This book provides one of the first unified accounts of the dynamic aspects involved in the
strategic behavior in queues. The author presents the material in an easy style with mostly …

We consider a retailer that sells a product with uncertain demand over a finite selling
season. The retailer sets an initial stocking quantity and, at some predetermined point in the …

This paper develops a model of dynamic pricing with endogenous intertemporal demand. In
the model, there is a monopolist who sells a finite inventory over a finite time horizon. The …

The major research methodologies deployed for operations management (OM) research
include analytical modeling research (eg, optimization, computational, and simulation …

We consider firms that feature their products on the Internet but take orders offline. Click and
order data are disjoint on such non‐transactional websites, and their matching is error …

With a posterior price matching (PM) policy, a seller guarantees to reimburse the price
difference to a consumer who buys a product before the seller marks it down. Such a policy …

In many markets consumers incur search costs, and firms choose a long-run pricing strategy
that determines how they respond to market conditions. A pricing strategy may involve …

A classic example that illustrates how observed customer behavior impacts other customers'
decisions is the selection of a restaurant whose quality is uncertain. Customers often choose …

This paper presents various periodic review policies for inventory control of a single item
facing compound Poisson demand. Emergency orders are controlled by a reorder point …

We analyze a revenue management problem in which a seller facing a Poisson arrival
stream of consumers operates an online multiunit auction. Consumers can get the product …