Continuous time control of the arrival process in an m/g/1 queue
Bharat T. Doshi
Stochastic Processes and their Applications, 1977, vol. 5, issue 3, 265-284
Abstract:
The problem of continuously controlling the arrival process in an M/G/1 queue is studied. The control is exercised by keeping the facility open or closed for potential arrivals, and is based on the residual workload process. The reward structure includes a reward rate R when the server is busy, and a holding cost rate cx when the residual workload is x. The economic criterion used is long run average return. A control limit policy is shown to be optimal. An iterative method for calculating this control limit policy is suggested.
Keywords: M/G/1; queue; arrival; process; continuous; time; control; Markov; decision; theory (search for similar items in EconPapers)
Date: 1977
References: Add references at CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/0304-4149(77)90035-7
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:spapps:v:5:y:1977:i:3:p:265-284
Ordering information: This journal article can be ordered from
http://http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01
Access Statistics for this article
Stochastic Processes and their Applications is currently edited by T. Mikosch
More articles in Stochastic Processes and their Applications from Elsevier
Bibliographic data for series maintained by Catherine Liu ().