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» Revenue Management of Callable Products
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MANSCI
2008
102views more  MANSCI 2008»
15 years 6 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
181
Voted
CORR
2011
Springer
209views Education» more  CORR 2011»
14 years 10 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
240
Voted
JDCTA
2010
146views more  JDCTA 2010»
15 years 1 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»
16 years 1 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 ...
171
Voted
ESA
2007
Springer
125views Algorithms» more  ESA 2007»
16 years 27 days 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