Description
Consider a firm that owns a fixed capacity of a resource that is consumed in the production or delivery of
multiple products. The firm strives to maximize its total expected revenues over a finite horizon, either
by choosing a dynamic pricing strategy for each product or, if prices are...
analysisofthepricingandcapacitycontrolproblemsanalysisofthepricing problem using its fluid approximation
introduction
multiproduct model
single resource