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Author: Demet Çetiner Publisher: Springer Science & Business Media ISBN: 3642358225 Category : Business & Economics Languages : en Pages : 180
Book Description
A major problem arising in airline alliances is to design allocation mechanisms determining how the revenue of a product should be shared among the airlines. The nucleolus is a concept of cooperative game theory that provides solutions for allocating the cost or benefit of a cooperation. This work provides fair revenue proportions for the airline alliances based on the nucleolus, which assumes a centralized decision making system. The proposed mechanism is used as a benchmark to evaluate the fairness of the revenue sharing mechanisms, where the alliance partners behave selfishly. Additionally, a new selfish revenue allocation rule is developed that improves the performance of the existing methods.
Author: Demet Çetiner Publisher: Springer Science & Business Media ISBN: 3642358225 Category : Business & Economics Languages : en Pages : 180
Book Description
A major problem arising in airline alliances is to design allocation mechanisms determining how the revenue of a product should be shared among the airlines. The nucleolus is a concept of cooperative game theory that provides solutions for allocating the cost or benefit of a cooperation. This work provides fair revenue proportions for the airline alliances based on the nucleolus, which assumes a centralized decision making system. The proposed mechanism is used as a benchmark to evaluate the fairness of the revenue sharing mechanisms, where the alliance partners behave selfishly. Additionally, a new selfish revenue allocation rule is developed that improves the performance of the existing methods.
Author: Vladimir Socha Publisher: CRC Press ISBN: 1351238639 Category : Technology & Engineering Languages : en Pages : 420
Book Description
The NTCA conference series is dedicated to publishing peer-reviewed proceedings of the conference. The goal is to disseminate state-of the- art scientific results available in the domain of civil aviation. These proceedings contain a collection of scientific contributions to the NTCA 2017 conference, which took place in Prague from 7-8 December 2017 and was hosted by the Department of Air Transport, Czech Technical University in Prague with the cooperation of the Faculty of Aeronautics, Technical University of Košice; Institute of Aerospace Engineering, Brno University of Technology; Air Transport Department, University of Žilina, and the Czech Aerospace Society. The NTCA conference aims to build and extend a platform for interaction between communities interested in aviation problems and applications. NTCA 2017 followed this established practice and provided room for discussing and sharing views on the current issues in the field of aviation. As a result, these proceedings include contributions on air transport operations, air traffic management and economic aspects, aviation safety and security, aircraft technologies, unmanned aerial systems, human factors and ergonomics in aviation.
Author: Zekâi Şen Publisher: Springer Nature ISBN: 9819960622 Category : Technology & Engineering Languages : en Pages : 824
Book Description
This book comprises the proceedings of the 12th International Symposium on Intelligent Manufacturing and Service Systems 2023. The contents of this volume focus on recent technological advances in the field of artificial intelligence in manufacturing & service systems including machine learning, autonomous control, bioinformatics, human-artificial intelligence interaction, digital twin, robotic systems, sybersecurity, etc. This volume will prove a valuable resource for those in academia and industry.
Author: I. Yeoman Publisher: Springer ISBN: 0230294774 Category : Business & Economics Languages : en Pages : 290
Book Description
Pricing is about deciding your market position whereas revenue management is the strategic and tactical decisions firms take in order to optimize revenues and profits. This book offers insights into research, theories, applications and innovations and how to makes these work in different industries.
Author: Curt Cramer Publisher: Springer Nature ISBN: 3658337214 Category : Business & Economics Languages : en Pages : 122
Book Description
The book provides a comprehensive overview of current practices and future directions in airline revenue management. It explains state-of-the-art revenue management approaches and outlines how these will be augmented and enhanced through modern data science and machine learning methods in the future. Several practical examples and applications will make the reader familiar with the relevance of the corresponding ideas and concepts for an airline commercial organization. The book is ideal for both students in the field of airline and tourism management as well as for practitioners and industry experts seeking to refresh their knowledge about current and future revenue management approaches, as well as to get an introductory understanding of data science and machine learning methods. Each chapter closes with a checkpoint, allowing the reader to deepen the understanding of the contents covered.This textbook has been recommended and developed for university courses in Germany, Austria and Switzerland.
Author: Robert Phillips Publisher: Stanford University Press ISBN: 0804781648 Category : Business & Economics Languages : en Pages : 470
Book Description
This is the first comprehensive introduction to the concepts, theories, and applications of pricing and revenue optimization. From the initial success of "yield management" in the commercial airline industry down to more recent successes of markdown management and dynamic pricing, the application of mathematical analysis to optimize pricing has become increasingly important across many different industries. But, since pricing and revenue optimization has involved the use of sophisticated mathematical techniques, the topic has remained largely inaccessible to students and the typical manager. With methods proven in the MBA courses taught by the author at Columbia and Stanford Business Schools, this book presents the basic concepts of pricing and revenue optimization in a form accessible to MBA students, MS students, and advanced undergraduates. In addition, managers will find the practical approach to the issue of pricing and revenue optimization invaluable. Solutions to the end-of-chapter exercises are available to instructors who are using this book in their courses. For access to the solutions manual, please contact [email protected].
Author: Peter Belobaba Publisher: John Wiley & Sons ISBN: 1118881141 Category : Technology & Engineering Languages : en Pages : 536
Book Description
Extensively revised and updated edition of the bestselling textbook, provides an overview of recent global airline industry evolution and future challenges Examines the perspectives of the many stakeholders in the global airline industry, including airlines, airports, air traffic services, governments, labor unions, in addition to passengers Describes how these different players have contributed to the evolution of competition in the global airline industry, and the implications for its future evolution Includes many facets of the airline industry not covered elsewhere in any single book, for example, safety and security, labor relations and environmental impacts of aviation Highlights recent developments such as changing airline business models, growth of emerging airlines, plans for modernizing air traffic management, and opportunities offered by new information technologies for ticket distribution Provides detailed data on airline performance and economics updated through 2013
Author: Guillermo Gallego Publisher: Springer ISBN: 1493996061 Category : Business & Economics Languages : en Pages : 346
Book Description
“There is no strategic investment that has a higher return than investing in good pricing, and the text by Gallego and Topaloghu provides the best technical treatment of pricing strategy and tactics available.” Preston McAfee, the J. Stanley Johnson Professor, California Institute of Technology and Chief Economist and Corp VP, Microsoft. “The book by Gallego and Topaloglu provides a fresh, up-to-date and in depth treatment of revenue management and pricing. It fills an important gap as it covers not only traditional revenue management topics also new and important topics such as revenue management under customer choice as well as pricing under competition and online learning. The book can be used for different audiences that range from advanced undergraduate students to masters and PhD students. It provides an in-depth treatment covering recent state of the art topics in an interesting and innovative way. I highly recommend it." Professor Georgia Perakis, the William F. Pounds Professor of Operations Research and Operations Management at the Sloan School of Management, Massachusetts Institute of Technology, Cambridge, Massachusetts. “This book is an important and timely addition to the pricing analytics literature by two authors who have made major contributions to the field. It covers traditional revenue management as well as assortment optimization and dynamic pricing. The comprehensive treatment of choice models in each application is particularly welcome. It is mathematically rigorous but accessible to students at the advanced undergraduate or graduate levels with a rich set of exercises at the end of each chapter. This book is highly recommended for Masters or PhD level courses on the topic and is a necessity for researchers with an interest in the field.” Robert L. Phillips, Director of Pricing Research at Amazon “At last, a serious and comprehensive treatment of modern revenue management and assortment optimization integrated with choice modeling. In this book, Gallego and Topaloglu provide the underlying model derivations together with a wide range of applications and examples; all of these facets will better equip students for handling real-world problems. For mathematically inclined researchers and practitioners, it will doubtless prove to be thought-provoking and an invaluable reference.” Richard Ratliff, Research Scientist at Sabre “This book, written by two of the leading researchers in the area, brings together in one place most of the recent research on revenue management and pricing analytics. New industries (ride sharing, cloud computing, restaurants) and new developments in the airline and hotel industries make this book very timely and relevant, and will serve as a critical reference for researchers.” Professor Kalyan Talluri, the Munjal Chair in Global Business and Operations, Imperial College, London, UK.
Author: Lenka Štofová Publisher: CRC Press ISBN: 1351672711 Category : Business & Economics Languages : en Pages : 709
Book Description
Dynamic economics, technological changes, increasing pressure from competition and customers to improve manufacturing and services are some of the major challenges to enterprises these days. New ways of improving organizational activities and management processes have to be created, in order to allow enterprises to manage the seemingly intensifying competitive markets successfully. Enterprises apply business optimizing solutions to meet new challenges and conditions. But also ensuring effective development for long-term competitiveness in a global environment. This is necessary for the application of qualitative changes in the industrial policy. “New Trends in Process Control and Production Management” (MTS 2017) is the collection of research papers from authors from seven countries around the world. They present case studies and empirical research which illustrates the progressive trends in business process management and the drive to achieve enterprise development and sustainability.
Author: Ian Yeoman Publisher: Cengage Learning ISBN: 9781844800629 Category : Business enterprises Languages : en Pages : 0
Book Description
Revenue management is the process of allocating the right inventory to the right kind of customer at the right price to maximise revenue. It applies particularly to the service sector. Covering numerous industries, these case studies demonstrate a variety of scenarios, problems and solutions.
Author: Demet Çetiner
Author: Demet Çetiner
Author: Vladimir Socha
Author: Zekâi Şen
Author: I. Yeoman
Author: Curt Cramer
Author: Robert Phillips
Author: Peter Belobaba
Author: Guillermo Gallego
Author: Lenka Štofová
Author: Ian Yeoman