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» Revenue Management of Callable Products
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MANSCI
2008
102views more  MANSCI 2008»
13 years 4 months ago
Revenue Management of Callable Products
We introduce callable products into a finite-capacity, two-period sales or booking process where low-fare customers book first. A callable product is a unit of capacity sold at th...
Guillermo Gallego, S. G. Kou, Robert Phillips
CORR
2011
Springer
209views Education» more  CORR 2011»
12 years 8 months ago
Close the Gaps: A Learning-while-Doing Algorithm for a Class of Single-Product Revenue Management Problems
In this work, we consider a retailer selling a single product with limited on-hand inventory over a finite selling season. Customer demand arrives according to a Poisson process,...
Zizhuo Wang, Shiming Deng, Yinyu Ye
JDCTA
2010
146views more  JDCTA 2010»
12 years 11 months ago
Modelling for Cruise Two-Dimensional Online Revenue Management System
To solve the cruise two-dimensional revenue management problem and develop such an automated system under uncertain environment, a static model which is a stochastic integer progr...
Bingzhou Li
HICSS
2009
IEEE
137views Biometrics» more  HICSS 2009»
13 years 11 months ago
Consumer Informedness and Hyperdifferentiation: An Empirical Test of the 'Trading Down' and 'Trading Out' Hypotheses
Consumer informedness plays a critical role in determining consumer choice. Companies now use hyperdifferentiation and resonance marketing strategies to benefit from the long-tail....
Robert J. Kauffman, Ting Li, Eric van Heck, Peter ...
ESA
2007
Springer
125views Algorithms» more  ESA 2007»
13 years 10 months ago
Online Primal-Dual Algorithms for Maximizing Ad-Auctions Revenue
We study the online ad-auctions problem introduced by Mehta et. al. [15]. We design a (1 − 1/e)competitive (optimal) algorithm for the problem, which is based on a clean primal-...
Niv Buchbinder, Kamal Jain, Joseph Naor