In this paper, we consider revenue management for a service supply chain with one supplier and one retailer. The supplier has a limited capacity of a perishable product and both the supplier and the retailer face customers. Each customer may choose to buy a product from either the supplier or...

From the practices of Chinese consumer electronics market, we find there are two key issues in supply chain management: The first issue is the contract type of either wholesale price contracts or consignment contracts with revenue sharing, and the second issue is the decision right of sales...

This paper studies the discrete time Markov decision processes (MDP) with expected discounted total reward, where the state space is countable, the action space is measurable, the reward function is extended real-valued, and the discount rate may be any real number. Two conditions (GC) and (C)...

This paper studies the discrete time Markov decision processes (MDP) with expected discounted total reward, where the state space is countable, the action space is measurable, the reward function is extended real-valued, and the discount rate may be any real number. Two conditions (GC) and (C)...

We study a generalised M(k)/M/k queueing system where the arrival rate depends on the number of servers. There are holding costs reflecting the waiting cost of customers and service costs relating to operation of the servers. The objective is to minimise the total system cost in a steady state....

We study a generalised M(k)/M/k queueing system where the arrival rate depends on the number of servers. There are holding costs reflecting the waiting cost of customers and service costs relating to operation of the servers. The objective is to minimise the total system cost in a steady state....

Aiming at forming dynamic optimal integrated marketing policies, we build a budget allocation model considering both current effects and sustained ones. The model includes multiple time periods and multiple marketing tools which interact through a common resource pool as well as through delayed...