IDEAS home Printed from https://ideas.repec.org/a/taf/tjorxx/v76y2025i2p310-327.html
   My bibliography  Save this article

Optimal information disclosure in a production-inventory queueing system

Author

Listed:
  • Bara Kim
  • Jeongsim Kim
  • Sungji Lee

Abstract

This study considers a production-inventory queueing system, where customers decide whether to wait for the item or leave without a purchase if a stockout occurs. The system manager determines the joint pricing and inventory control policy. In addition, the system manager can choose whether or not to provide information about the system state to arriving customers. Our strategic production-inventory queueing system includes the observable, unobservable, and almost unobservable systems, which are obtained by appropriately choosing the information disclosure policy by the system manager. In this study, we find the optimal information disclosure policy, as well as the optimal price and the optimal inventory control policy for the profit maximization and social welfare maximization. Under the optimal policy, the system manager should disclose the system state if and only if the queue length exceeds a certain threshold.

Suggested Citation

  • Bara Kim & Jeongsim Kim & Sungji Lee, 2025. "Optimal information disclosure in a production-inventory queueing system," Journal of the Operational Research Society, Taylor & Francis Journals, vol. 76(2), pages 310-327, February.
    • Handle: RePEc:taf:tjorxx:v:76:y:2025:i:2:p:310-327
    DOI: 10.1080/01605682.2024.2349752
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/01605682.2024.2349752
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/01605682.2024.2349752?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:tjorxx:v:76:y:2025:i:2:p:310-327. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/tjor .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.