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. Author manuscript; available in PMC: 2021 Jun 9.
Published in final edited form as: Oper Res. 2019 May 10;67(3):599–904. doi: 10.1287/opre.2018.1817

Figure 9:

Figure 9:

(a) Action/Inaction boundary pb along with the solution to the first-order optimality condition, i.e., p¯, for 2(β − r) < ρ. (b) Illustration of step 2, part (a) and (b) of the proof of Thm. 2.