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Risk-averse Capacity Control in Revenue Management
Christiane Barz
€ 66.97
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Description for Risk-averse Capacity Control in Revenue Management
Paperback. Revises the well-known capacity control problem in revenue management from the perspective of a risk-averse decision-maker. This book emphasizes existence of structured optimal policies. Series: Lecture Notes in Economics and Mathematical Systems. Num Pages: 189 pages, 32 black & white illustrations, 10 black & white tables, biography. BIC Classification: KJMV5; KJMV8; KJS; KJT; PBU. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 9. Weight in Grams: 262.
“If necessity is the mother of invention, then deregulation is the father, and r- enue management (also known as yield management) is the couple’s golden child – at least as far as operations research is concerned.” (Horner, 2000, p. 47) Deregulation had a signi?cant impact on the U.S. airline industry in the late 1970s. Charter and low-cost airlines such as People Express and Southwest wereabletoo?erseatsatafractionofthepricechargedbyestablishedcarriers like Pan Am and American Airlines. Due to their di?erent cost structure, it seemed to be impossible for the big carriers to o?er tickets at the same low price. Yet they had to ?nd a ... Read more
“If necessity is the mother of invention, then deregulation is the father, and r- enue management (also known as yield management) is the couple’s golden child – at least as far as operations research is concerned.” (Horner, 2000, p. 47) Deregulation had a signi?cant impact on the U.S. airline industry in the late 1970s. Charter and low-cost airlines such as People Express and Southwest wereabletoo?erseatsatafractionofthepricechargedbyestablishedcarriers like Pan Am and American Airlines. Due to their di?erent cost structure, it seemed to be impossible for the big carriers to o?er tickets at the same low price. Yet they had to ?nd a ... Read more
Product Details
Format
Paperback
Publication date
2007
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
189
Condition
New
Series
Lecture Notes in Economics and Mathematical Systems
Number of Pages
173
Place of Publication
Berlin, Germany
ISBN
9783540730132
SKU
V9783540730132
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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