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Author: Anita Petrick
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
While flexible products have been popular for many years in practice, they have only recently gained attention in the academic literature on revenue management. When selling a flexible product, a firm retains the right to specify some of its details later. The relevant point in time is after the sale, but often before the provision of the product or service, depending on the customers' need to know the exact specification in advance. The resulting flexibility can help to increase revenues if capacity is fixed and the demand to come difficult to forecast. We present several revenue management models and control mechanisms incorporating this kind of flexible products. An extensive numerical study shows how the different approaches can mitigate the negative impact of demand forecast errors.
Author: Anita Petrick
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
While flexible products have been popular for many years in practice, they have only recently gained attention in the academic literature on revenue management. When selling a flexible product, a firm retains the right to specify some of its details later. The relevant point in time is after the sale, but often before the provision of the product or service, depending on the customers' need to know the exact specification in advance. The resulting flexibility can help to increase revenues if capacity is fixed and the demand to come difficult to forecast. We present several revenue management models and control mechanisms incorporating this kind of flexible products. An extensive numerical study shows how the different approaches can mitigate the negative impact of demand forecast errors.
Author: Michael Müller-Bungart
Publisher: Springer Science & Business Media
ISBN: 3540723161
Category : Business & Economics
Languages : en
Pages : 307
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Book Description
This book analyzes revenue management (RM) problems with flexible products and RM in broadcasting companies. It presents models and methods that explicitly take the implications of flexibility into account. In addition, it contains descriptions of algorithms to generate stochastic demand data streams for general RM problems. To help readers with their own simulation studies, it provides an implementation as a Microsoft Windows executable file.
Author: Julia Pahl
Publisher: Springer Science & Business Media
ISBN: 3642215262
Category : Computers
Languages : en
Pages : 684
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Book Description
This book constitutes the refereed proceedings of the 5th International Conference on Network Optimization, INOC 2011, held in Hamburg, Germany, in June 2011. The 65 revised full papers presented were carefully reviewed and selected from numerous submissions. The papers highlight recent developments in network optimization and are organized in the following topical sections: theoretical problems, uncertainty, graph theory and network design; network flows; routing and transportation; and further optimization problems and applications (energy oriented network design, telecom applications, location, maritime shipping, and graph theory).
Author: Berthold Lausen
Publisher: Springer Science & Business Media
ISBN: 3319000357
Category : Computers
Languages : en
Pages : 532
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Book Description
This volume provides approaches and solutions to challenges occurring at the interface of research fields such as, e.g., data analysis, data mining and knowledge discovery, computer science, operations research, and statistics. In addition to theory-oriented contributions various application areas are included. Moreover, traditional classification research directions concerning network data, graphs, and social relationships as well as statistical musicology describe examples for current interest fields tackled by the authors. The book comprises a total of 55 selected papers presented at the Joint Conference of the German Classification Society (GfKl), the German Association for Pattern Recognition (DAGM), and the Symposium of the International Federation of Classification Societies (IFCS) in 2011.
Author: Tadashi Imaizumi
Publisher: Springer Nature
ISBN: 9811527008
Category : Social Science
Languages : en
Pages : 472
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Book Description
This book focuses on the latest developments in behaviormetrics and data science, covering a wide range of topics in data analysis and related areas of data science, including analysis of complex data, analysis of qualitative data, methods for high-dimensional data, dimensionality reduction, visualization of such data, multivariate statistical methods, analysis of asymmetric relational data, and various applications to real data. In addition to theoretical and methodological results, it also shows how to apply the proposed methods to a variety of problems, for example in consumer behavior, decision making, marketing data, and social network structures. Moreover, it discuses methodological aspects and applications in a wide range of areas, such as behaviormetrics; behavioral science; psychology; and marketing, management and social sciences. Combining methodological advances with real-world applications collected from a variety of research fields, the book is a valuable resource for researchers and practitioners, as well as for applied statisticians and data analysts.
Author: Michael Hülsmann
Publisher: Springer Science & Business Media
ISBN: 3642194699
Category : Technology & Engineering
Languages : en
Pages : 352
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Book Description
Many new technologies – like RFID, GPS, and sensor networks – that dominate innovative developments in logistics are based on the idea of autonomous cooperation and control. This self-organisational concept describes „...processes of decentralized decision-making in heterarchical structures. It presumes interacting elements in non-deterministic systems, which possess the capability and possibility to render decisions. The objective of autonomous cooperation and control is the achievement of increased robustness and positive emergence of the total system due to distributed and flexible coping with dynamics and complexity“ (Hülsmann & Windt, 2007). In order to underlie these technology-driven developments with a fundamental theoretical foundation this edited volume asks for contributions and limitations of applying the principles of autonomous cooperation and control to logistics processes and systems. It intends to identify, describe, and explain – in the context of production and distribution logistics – the effects on performance and robustness, the enablers and impediments for the feasibility, the essential cause-effect-relations, etc. of concepts, methods, technologies, and routines of autonomous cooperation and control in logistics. Therefore, the analyses collected in this edited volume aim to develop a framework for finding the optimal degree as well as the upper and lower boundaries of autonomous cooperation and control of logistics processes from the different perspectives of production technology, electronics and communication engineering, informatics and mathematics, as well as management sciences and economics.
Author: Nadja Bauer
Publisher: Springer Nature
ISBN: 3030251470
Category : Computers
Languages : en
Pages : 336
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Book Description
This volume presents a selection of research papers on various topics at the interface of statistics and computer science. Emphasis is put on the practical applications of statistical methods in various disciplines, using machine learning and other computational methods. The book covers fields of research including the design of experiments, computational statistics, music data analysis, statistical process control, biometrics, industrial engineering, and econometrics. Gathering innovative, high-quality and scientifically relevant contributions, the volume was published in honor of Claus Weihs, Professor of Computational Statistics at TU Dortmund University, on the occasion of his 66th birthday.
Author: Francesco Corman
Publisher: Springer
ISBN: 3319242644
Category : Computers
Languages : en
Pages : 761
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Book Description
This book constitutes the refereed proceedings of the 6th International Conference on Computational Logistics, ICCL 2015, held in Delft, The Netherlands, in September 2015. The 50 papers presented in this volume were carefully reviewed and selected for inclusion in the book. They are organized in topical sections entitled: transport over ground, transport over water, international coordination within a system, external coordination among systems.
Author: Bernard Grabot
Publisher: Springer
ISBN: 3662447339
Category : Computers
Languages : en
Pages : 612
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Book Description
The three volumes IFIP AICT 438, 439, and 440 constitute the refereed proceedings of the International IFIP WG 5.7 Conference on Advances in Production Management Systems, APMS 2014, held in Ajaccio, France, in September 2014. The 233 revised full papers were carefully reviewed and selected from 271 submissions. They are organized in 6 parts: knowledge discovery and sharing; knowledge-based planning and scheduling; knowledge-based sustainability; knowledge-based services; knowledge-based performance improvement, and case studies.
Author: Michael C. Sturman
Publisher: John Wiley & Sons
ISBN: 1118016262
Category : Business & Economics
Languages : en
Pages : 519
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Book Description
This cutting edge and comprehensive book with contributions from the star faculty of Cornell University's School of Hotel Administration offers the latest thinking on the best practices and strategies for hospitality management. A must for students and professionals seeking to enter or expand their reach in the hospitality industry, The Cornell School of Hotel Administration on Hospitality delivers the authoritative advice you need to: Develop and manage a multinational career and become a leader in the hospitality industry Maximize profits from franchise agreements, management contracts, and leases Understand and predict customer choices, and motivate your staff to provide outstanding service Manage hospitality businesses and the real estate underlying the businesses Control costs, coordinate branding strategy, and manage operations across multiple locations
