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ESCIENCE
2007
IEEE
13 years 10 months ago
Using Revenue Management to Determine Pricing of Reservations
Grid economy provides a mechanism or incentive for resource owners to be part of the Grid, and encourages users to utilize resources optimally and effectively. Advance reservation...
Anthony Sulistio, Kyong Hoon Kim, Rajkumar Buyya
INFOCOM
2010
IEEE
13 years 2 months ago
Pricing under Constraints in Access Networks: Revenue Maximization and Congestion Management
Abstract—This paper investigates pricing of Internet connectivity services in the context of a monopoly ISP selling broadband access to consumers. We first study the optimal com...
Prashanth Hande, Mung Chiang, A. Robert Calderbank...
CORR
2011
Springer
209views Education» more  CORR 2011»
12 years 7 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
INFORMS
2008
62views more  INFORMS 2008»
13 years 3 months ago
A Stochastic Approximation Method to Compute Bid Prices in Network Revenue Management Problems
We present a stochastic approximation method to compute bid prices in network revenue management problems. The key idea is to visualize the total expected revenue as a function of...
Huseyin Topaloglu
TRANSCI
2010
101views more  TRANSCI 2010»
13 years 2 months ago
Computing Time-Dependent Bid Prices in Network Revenue Management Problems
We propose a new method to compute bid prices in network revenue management problems. The novel aspect of our method is that it naturally provides dynamic bid prices that depend o...
Sumit Kunnumkal, Huseyin Topaloglu