Expected Additive Time-Separable Utility Maximizing Capacity Control in Revenue Management

2008 ◽  
pp. 3-8
Author(s):  
Christiane Barz
Keyword(s):  
Revenue Management ◽  
Capacity Control ◽  
Separable Utility

An Approximation Algorithm for Network Revenue Management Under Nonstationary Arrivals

2020 ◽  
Vol 68 (3) ◽  
pp. 834-855 ◽  
Author(s):  
Yuhang Ma ◽  
Paat Rusmevichientong ◽  
Mika Sumida ◽  
Huseyin Topaloglu
Keyword(s):  
Approximation Algorithm ◽  
Revenue Management ◽  
Capacity Control ◽  
Network Revenue Management ◽  
Pricing Decisions ◽  
Multiple Products ◽  
Performance Guarantees ◽  
Optimal Capacity ◽  
Airline Tickets ◽  
Network Revenue

Many revenue management problems require making capacity control and pricing decisions for multiple products. The decisions for the different products interact because either the products use a common pool of resources or the customers choose and substitute among the products. When pricing airline tickets, for example, different itinerary products use the capacities on common flight legs and the customers choose and substitute among different itinerary products that serve the same origin-destination pair. Finding the optimal capacity control and pricing decisions in such problems can be challenging because one needs to simultaneously consider the capacities available to serve a large pool of products. In “An Approximation Algorithm for Network Revenue Management under Nonstationary Arrivals,” Ma, Rusmevichientong, Sumida, and Topaloglu develop efficient methods to make decisions with performance guarantees in high-dimensional capacity control and pricing problems.

scholarly journals Revenue Management in Make-To-Order Manufacturing: Case Study of Capacity Control at ThyssenKrupp VDM

2010 ◽  
Vol 3 (2) ◽  
pp. 173-190 ◽  
Author(s):  
André Hintsches ◽  
Thomas S. Spengler ◽  
Thomas Volling ◽  
Kai Wittek ◽  
Gerald Priegnitz
Keyword(s):  
Revenue Management ◽  
Capacity Control ◽  
Make To Order

Risk-sensitive capacity control in revenue management

2006 ◽  
Vol 65 (3) ◽  
pp. 565-579 ◽  
Author(s):  
C. Barz ◽  
K. -H. Waldmann
Keyword(s):  
Revenue Management ◽  
Capacity Control ◽  
Risk Sensitive
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