سال انتشار: ۱۳۸۴
محل انتشار: چهارمین کنفرانس ملی مهندسی صنایع
تعداد صفحات: ۱۱
Mohammad Modarres – Sharif University of Technology, Tehran, Iran
Sami Najafi-Asadolahi – Sharif University of Technology, Tehran, Iran
Two important topics of yield management (revenue management) are seat inventory control and pricing. Yet there are few models or methodologies to link them for determining the best pricing and capacity allocation strategies simultaneously. Specifically we develop a model of yield management in which buyers demand behavior has an explicit relation with prices. The main objective is to determine the number of seats assigned to each class as well as the price simultaneously, at any period before the flight departure. Dynamic programming approach is applied to formulate the problem in order to obtain the optimal policy. The model results in a simple and practical result.