Titlebook: Revenue Management and Pricing Analytics; Guillermo Gallego,Huseyin Topaloglu Book 2019 Springer Science+Business Media, LLC, part of Spri

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the text, drawn from a wide range of sources including the extensive collection held by the CSIRO Radio Astronomy Image Archive. The book will be an essential reference for readers interested in the scientific978-3-319-91843-3Series ISSN 2509-310X Series E-ISSN 2509-3118

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Single Resource Revenue Management with Independent Demandsapacity to reserve for higher fare classes, or equivalently how much capacity to make available for lower fare classes. Throughout the chapter, we will refer to airline applications, but the reader should keep in mind that the models apply more generally.

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Overbookingo future travel. The cost to the airline of bumping a passenger is called the denied boarding cost. The denied boarding cost would include the cost of putting a bumped passenger on another flight to her destination, the cost of any direct compensation to the bumped passenger, the cost of the meals o

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Assortment Optimizationel that provides sale probabilities as a function of the set of products contained in the assortment. In this chapter, we formulate and solve assortment optimization problems for many of the choice models presented in the previous chapter.

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Single Resource Revenue Management with Dependent Demandsn alternative approach, favored by academics and gaining traction in industry, is to model time explicitly. In this chapter, we will explore both formulations but most of our attention is devoted to the more tractable model where time is treated explicitly.

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