D 2020

Network revenue capacity control with overbooking

FIALA, Petr a Renata MAJOVSKÁ

Základní údaje

Originální název

Network revenue capacity control with overbooking

Název česky

Řízení kapacity síťových výnosů s nadměrnou rezervací

Autoři

FIALA, Petr a Renata MAJOVSKÁ

Vydání

First edition. České Budějovice, Proceedings of the 14th International Scientific Conference INPROFORUM : Business Cycles – more than Economic Phenomena, od s. 186-190, 5 s. 2020

Nakladatel

University of South Bohemia in České Budějovice, Faculty of Economics

Další údaje

Jazyk

angličtina

Typ výsledku

Stať ve sborníku

Obor

50204 Business and management

Stát vydavatele

Česká republika

Utajení

není předmětem státního či obchodního tajemství

Forma vydání

elektronická verze "online"

Odkazy

Organizační jednotka

Vysoká škola finanční a správní

ISBN

978-80-7394-824-5

ISSN

Klíčová slova česky

network revenue management; capacity control; overbooking; approximations

Klíčová slova anglicky

network revenue management; capacity control; overbooking; approximations

Štítky

Příznaky

Mezinárodní význam, Recenzováno
Změněno: 26. 3. 2021 09:20, Mgr. Tereza Denišová, DiS.

Anotace

ORIG CZ

V originále

Revenue management is the art and science of enhancing firm revenue while sell-ing the same quantity of product. Network revenue management models attempt to maximize revenue when customers buy bundles of multiple resources. Capacity control and overbook-ing are two fundamental pieces of revenue management. Revenue management practices of-ten include overbooking capacity to account for customers who make reservations but later make cancellations or do not show up. Capacity control deals with the question of which requests should be accepted over time. Capacity control and overbooking decisions interact. The joint problem can be formulated as a dynamic program. This dynamic program cannot be solved by using traditional dynamic programming tools for problems of practical size. The paper analyzes linear approximations of the joint problem of capacity control in network revenue management and overbooking.

Česky

Revenue management is the art and science of enhancing firm revenue while sell-ing the same quantity of product. Network revenue management models attempt to maximize revenue when customers buy bundles of multiple resources. Capacity control and overbook-ing are two fundamental pieces of revenue management. Revenue management practices of-ten include overbooking capacity to account for customers who make reservations but later make cancellations or do not show up. Capacity control deals with the question of which requests should be accepted over time. Capacity control and overbooking decisions interact. The joint problem can be formulated as a dynamic program. This dynamic program cannot be solved by using traditional dynamic programming tools for problems of practical size. The paper analyzes linear approximations of the joint problem of capacity control in network revenue management and overbooking.