Dynamic Pricing of a Web Service in an Advance Selling Environment

Table 3

The optimal total sales revenue, total cancellation revenue, total revenue, profit, ratio of the profit to the total revenue, and ratio of the total cancellation revenue to the profit for Examples , , and .

	Example	Example	Example
Sales revenue	1891	2219	2570
Cancellation revenue	118	60	0
Total revenue	2009	2278	2570
Profit	632	900	1192
Profit/total revenue	31%	39%	46%
Cancellation revenue/profit	19%	7%	0%