Showing 1 - 10 of 18
This paper analyses the interaction of two topics: Supply Chain Management (SCM) and Internet. Merging these two fields is a key area of concern for contemporary managers and researchers. They have realized that Internet can enhance SCM by making real time information available and enabling...
Persistent link: https://www.econbiz.de/10005572655
The choice network revenue management (RM) model incorporates customer purchase behavior as customers purchasing products with certain probabilities that are a function of the offered assortment of products, and is the appropriate model for airline and hotel network revenue management, dynamic...
Persistent link: https://www.econbiz.de/10010849604
The choice network revenue management model incorporates customer purchase behavior as a function of the offered products, and is the appropriate model for airline and hotel network revenue management, dynamic sales of bundles, and dynamic assortment optimization. The optimization problem is a...
Persistent link: https://www.econbiz.de/10010849611
The network revenue management (RM) problem arises in airline, hotel, media, and other industries where the sale products use multiple resources. It can be formulated as a stochastic dynamic program but the dynamic program is computationally intractable because of an exponentially large state...
Persistent link: https://www.econbiz.de/10009650740
Models incorporating more realistic models of customer behavior, as customers choosing from an offer set, have recently become popular in assortment optimization and revenue management. The dynamic program for these models is intractable and approximated by a deterministic linear program called...
Persistent link: https://www.econbiz.de/10009493743
Models incorporating more realistic models of customer behavior, as customers choosing from an offer set, have recently become popular in assortment optimization and revenue management. The dynamic program for these models is intractable and approximated by a deterministic linear program called...
Persistent link: https://www.econbiz.de/10008633166
Nowadays, the Reverse Logistics field is becoming very important. On one hand, laws are imposing companies to be responsible for the contamination made by their products. On the other hand, companies have discovered the profits derived from a good Reverse Logistics process. This paper is the...
Persistent link: https://www.econbiz.de/10005772358
Many dynamic revenue management models divide the sale period into a finite number of periods T and assume, invoking a fine-enough grid of time, that each period sees at most one booking request. These Poisson-type assumptions restrict the variability of the demand in the model, but researchers...
Persistent link: https://www.econbiz.de/10005772466
I describe the customer valuations game, a simple intuitive game that can serve as a foundation for teaching revenue management. The game requires little or no preparation, props or software, takes around two hours (and hence can be finished in one session), and illustrates the formation of...
Persistent link: https://www.econbiz.de/10005772556
Purpose - There has been much research on manufacturing flexibility, but supply chain flexibility is still an under-investigated area. This paper focuses on supply flexibility, the aspects of flexibility related to the upstream supply chain. Our purpose is to investigate why and how firms...
Persistent link: https://www.econbiz.de/10005772593