Application of revenue management in restaurants. Using stochastic optimization via dynamic programming. Computational experiments are presented for reservation and without reservation case studies
Application of revenue management to a make-to-order manufacturing company with limited inventory capacity. Classifying the underlying Markov decision process, by introducing a heuristic procedure
Application of revenue management in construction industry. The benefits of revenue management can be realized at manufacturing companies. Uncertain demand and pricing of available capacity are analyzed via this approach
Analysis and application of heuristic to solve a single revenue management problem with postponement, arising from the sea cargo industry. Optimization based case studies are addressed
This paper addresses the problem of integrating revenue management capacity control with upgrade decision making. A new structural property for an integrated dynamic programming formulation is present