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| Author: | Dasgupta, A. Ghosh, M. |
| Title: | Inducing performance in a queue via prices: the case of a Riverine Port |
| Journal: | Management Science
2000 : NOV, VOL. 46:11, p. 1466-1484 |
| Index terms: | NONLINEAR PROGRAMMING PRICES QUEUING THEORY INDIA |
| Language: | eng |
| Abstract: | To optimize large-scale queuing systems configurations, OR professionals typically use discrete event simulation packages to examine in detail the movement of entities through such systems, assuming stochastic but fixed arrival patterns. Econometricians, on the other hand, use a simultaneous equations estimation approach relying on past data, but they typically disregard the technological insights provided by simulation. This paper combines both tools to study the ailing port system of Calcutta, India, and concludes that raising prices will improve both economic and engineering performances. |
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