Look-Ahead Policies for Admission to a Single Server Loss System

Consider a single server loss system in which the server, being idle, may reject or accept an arriving customer for service depending on the state at the arrival epoch. It is assumed that at every arrival epoch the server knows the service time of the arriving customer, the arrival time of the next customer and the service time. The server gets a fixed reward for every customer admitted to the system. The form of an optimal stationary policy is investigated for the discounted and average reward cases.