Titlebook: Revenue Management with Flexible Products; Models and Methods f Michael Müller-Bungart Book 2007 Springer-Verlag Berlin Heidelberg 2007 Adv

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Simulation of Stochastic Demand Data Streams,lem are highly application specific. In addition, we have seen that some statistical issues, e. g. cleaning and unconstraining demand data obtained are also relevant. While the former again strongly depends on the actual degree of errors or omissions in the data, standard methods for the latter are

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Revenue Management in Broadcasting Companies,nnot be sold after departure) ten seconds of time in a TV or radio program cannot be sold to an advertiser once this time frame has passed. Given the inflexibility of adjusting the “capacity” (i.e. advertising time slots) with a varying demand, broadcasting companies are strongly motivated to differ

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Conclusion,d on the four prerequisites necessity to integrate external factors, limited operational flexibility, heterogeneous valuations and behavior and standardized product range. We have illustrated that RM concepts can be applied to a wealth of industries. Based on the defining characteristics and various

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Simulation of Stochastic Demand Data Streams,e also relevant. While the former again strongly depends on the actual degree of errors or omissions in the data, standard methods for the latter are available. In this chapter we thus focus on the dynamic and stochastic aspects of instance generation: the simulation of stochastic demand data streams.

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Book 2007xibility" means that the actual mode of production is not defined at the time of purchase, but can be chosen later on by the service provider. This book is among the first to analyze RM problems with flexible products and RM in broadcasting companies. The implications of flexibility are explicitly t

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Defining Revenue Management, 100 to 400 %. It is important to stress that we are not talking about different prices for economy, business and first class — all the prices mentioned above are for a single seat in the economy class compartment