Showing 1 - 10 of 59
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 problem can be formulated as a stochastic dynamic programming problem (DP or the\optimal" solution V *) whose exact solution is computationally intractable. Consequently, a number of heuristics have been proposed in the literature, the most popular of which are the...
Persistent link: https://www.econbiz.de/10004999178
The problems arising in commercial distribution are complex and involve several players and decision levels. One important decision is related with the design of the routes to distribute the products, in an efficient and inexpensive way. This article deals with a complex vehicle routing problem...
Persistent link: https://www.econbiz.de/10005572625
One of the assumptions of the Capacitated Facility Location Problem (CFLP) is that demand is known and fixed. Most often, this is not the case when managers take some strategic decisions such as locating facilities and assigning demand points to those facilities. In this paper we consider demand...
Persistent link: https://www.econbiz.de/10005572656
The optimal location of services is one of the most important factors that affects service quality in terms of consumer access. On the other hand, services in general need to have a minimum catchment area so as to be efficient. In this paper a model is presented that locates the maximum number...
Persistent link: https://www.econbiz.de/10005771927
We address the problem of scheduling a multiclass $M/M/m$ queue with Bernoulli feedback on $m$ parallel servers to minimize time-average linear holding costs. We analyze the performance of a heuristic priority-index rule, which extends Klimov's optimal solution to the single-server case: servers...
Persistent link: https://www.econbiz.de/10005771994
New location models are presented here for exploring the reduction of facilities in a region. The first of these models considers firms ceding market share to competitors under situations of financial exigency. The goal of this model is to cede the least market share, i.e., retain as much of the...
Persistent link: https://www.econbiz.de/10005772010
We address the performance optimization problem in a single-station multiclass queueing network with changeover times by means of the achievable region approach. This approach seeks to obtain performance bounds and scheduling policies from the solution of a mathematical program over a relaxation...
Persistent link: https://www.econbiz.de/10005772013
We show that if performance measures in a stochastic scheduling problem satisfy a set of so-called partial conservation laws (PCL), which extend previously studied generalized conservation laws (GCL), then the problem is solved optimally by a priority-index policy for an appropriate range of...
Persistent link: https://www.econbiz.de/10005772040