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This paper tackles challenges in pricing and revenue projections due to consumer uncertainty. We propose a novel data-based approach for firms facing unknown consumer type distributions. Unlike existing methods, we assume firms only observe…

Theoretical Economics · Economics 2024-05-28 Duarte Gonçalves , Bruno A. Furtado

We study a single-server appointment scheduling problem with a fixed sequence of appointments, for which we must determine the arrival time for each appointment. We specifically examine two stochastic models. In the first model, we assume…

Optimization and Control · Mathematics 2019-07-09 Ruiwei Jiang , Minseok Ryu , Guanglin Xu

E-commerce operations are essentially online, with customer orders arriving dynamically. However, very little is known about the performance of online policies for warehousing with respect to optimality, particularly for order picking and…

Optimization and Control · Mathematics 2026-02-19 Catherine Lorenz , Alena Otto , Michel Gendreau

In this paper, we consider revenue maximization problem for a two server system in the presence of heterogeneous customers. We assume that the customers differ in their cost for unit delay and this is modeled as a continuous random variable…

Computer Science and Game Theory · Computer Science 2016-05-24 Tejas Bodas , D. Manjunath

Motivated by emerging applications in machine learning, we consider an optimization problem in a general form where the gradient of the objective function is available through a biased stochastic oracle. We assume a bias-control parameter…

Optimization and Control · Mathematics 2026-02-10 Yin Liu , Sam Davanloo Tajbakhsh

In this paper we study a revenue maximization problem for optical routing nodes. We model the routing node as a single server polling model with the aim to assign visit periods (service windows) to the different stations (ports) such that…

Optimization and Control · Mathematics 2016-02-03 Murtuza Ali Abidini , Onno Boxma , Ton Koonen , Jacques Resing

A fundamental challenge in large-scale cloud networks and data centers is to achieve highly efficient server utilization and limit energy consumption, while providing excellent user-perceived performance in the presence of uncertain and…

Probability · Mathematics 2017-06-23 Debankur Mukherjee , Souvik Dhara , Sem Borst , Johan S. H. van Leeuwaarden

This paper presents a new research direction for online Multi-Level Aggregation (MLA) with delays. In this problem, we are given an edge-weighted rooted tree $T$, and we have to serve a sequence of requests arriving at its vertices in an…

Data Structures and Algorithms · Computer Science 2024-10-01 Mathieu Mari , Michał Pawłowski , Runtian Ren , Piotr Sankowski

The growth of Robotics-as-a-Service (RaaS) presents new operational challenges, particularly in optimizing business decisions like pricing and equipment management. While much research focuses on the technical aspects of RaaS, the strategic…

Optimization and Control · Mathematics 2025-10-01 Joo Seung Lee , Anil Aswani

We develop a robust queueing network analyzer algorithm to approximate the steady-state performance of a single-class open queueing network of single-server queues with Markovian routing. The algorithm allows non-renewal external arrival…

Probability · Mathematics 2020-03-26 Ward Whitt , Wei You

A key operational challenge for call centers is to decide, in real time, which waiting customer should be served by which available agent. This is known as skill-based routing, and the decision becomes especially difficult in large systems…

Systems and Control · Electrical Eng. & Systems 2026-05-12 Baris Ata , Ebru Kasikaralar

Uncoordinated charging of a rapidly growing number of electric vehicles (EVs) and the uncertainty associated with renewable energy resources may constitute a critical issue for the electric mobility (E-Mobility) in the transportation system…

Optimization and Control · Mathematics 2020-06-30 Hwei-Ming Chung , Sabita Maharjan , Yan Zhang , Frank Eliassen

I consider the optimal hourly (or per-unit-time in general) pricing problem faced by a freelance worker (or a service provider) on an on-demand service platform. Service requests arriving while the worker is busy are lost forever. Thus, the…

Computer Science and Game Theory · Computer Science 2019-07-09 Vijay Kamble

We consider the revenue management problem of finding profit-maximising prices for delivery time slots in the context of attended home delivery. This multi-stage optimal control problem admits a dynamic programming formulation that is…

Optimization and Control · Mathematics 2020-08-04 Denis Lebedev , Kostas Margellos , Paul Goulart

This paper presents a stochastic, model predictive control (MPC) algorithm that leverages short-term probabilistic forecasts for dispatching and rebalancing Autonomous Mobility-on-Demand systems (AMoD, i.e. fleets of self-driving vehicles).…

Systems and Control · Computer Science 2018-05-07 Matthew Tsao , Ramon Iglesias , Marco Pavone

Competitive analysis of online algorithms has commonly been applied to understand the behaviour of real-time systems during overload conditions. While competitive analysis provides insight into the behaviour of certain algorithms, it is…

Performance · Computer Science 2018-06-06 Sathish Gopalakrishnan

A service system with multiple types of arriving customers is considered. There is an infinite number of homogeneous servers. Multiple customers can be placed for simultaneous service into one server, subject to general packing constraints.…

Probability · Mathematics 2020-11-23 Alexander Stolyar , Yuan Zhong

This paper investigates a partially observable queueing system with $N$ nodes in which each node has a dedicated arrival stream. There is an extra arrival stream to balance the load of the system by routing its customers to the shortest…

Probability · Mathematics 2021-01-01 Qihui Bu , Liwei Liu , Jiashan Tang , Yiqiang Q. Zhao

The stochastic knapsack has been used as a model in wide ranging applications from dynamic resource allocation to admission control in telecommunication. In recent years, a variation of the model has become a basic tool in studying problems…

Pricing of Securities · Quantitative Finance 2008-12-02 Grace Lin , Yingdong Lu , David Yao

Selling reserved instances (or virtual machines) is a basic service in cloud computing. In this paper, we consider a more flexible pricing model for instance reservation, in which a customer can propose the time length and number of…

Computer Science and Game Theory · Computer Science 2016-11-23 Jia Zhang , Weidong Ma , Tao Qin , Xiaoming Sun , Tie-Yan Liu
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