Talluri, Kalyan; Albéniz, Víctor Martínez de - Department of Economics and Business, Universitat … - 2010
Many revenue management (RM) industries are characterized by (a) fixed capacities in the short term (e.g., hotel rooms, seats on an airline flight), (b) homogeneous products (e.g., two airline flights between the same cities at similar times), and (c) customer purchasing decisions largely...