Pub Date : 2023-01-01DOI: 10.1504/ijrm.2023.134677
Mercedes Gaitán Angulo, Melva Inés Gómez Caicedo, Anderson Quintero, Juan Antonio Marmolejo Martín, Hasbleidy Camila Parra Méndez, Carlos Yesid Briñez Torres
{"title":"Innovation and efficiency in Latin American countries: a study of the impact and applied evolution of neural networks","authors":"Mercedes Gaitán Angulo, Melva Inés Gómez Caicedo, Anderson Quintero, Juan Antonio Marmolejo Martín, Hasbleidy Camila Parra Méndez, Carlos Yesid Briñez Torres","doi":"10.1504/ijrm.2023.134677","DOIUrl":"https://doi.org/10.1504/ijrm.2023.134677","url":null,"abstract":"","PeriodicalId":39519,"journal":{"name":"International Journal of Revenue Management","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135448289","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.1504/ijrm.2023.10058222
Hasbleidy Camila Parra Méndez, Juan Antonio Marmolejo Martín, A. Quintero, Melva Inés Gómez Caicedo, Mercedes Gaitán Angulo, Carlos Yesid Briñez Torres
{"title":"Innovation and Efficiency in Latin American countries; a study of the impact and applied evolution of Neural Networks","authors":"Hasbleidy Camila Parra Méndez, Juan Antonio Marmolejo Martín, A. Quintero, Melva Inés Gómez Caicedo, Mercedes Gaitán Angulo, Carlos Yesid Briñez Torres","doi":"10.1504/ijrm.2023.10058222","DOIUrl":"https://doi.org/10.1504/ijrm.2023.10058222","url":null,"abstract":"","PeriodicalId":39519,"journal":{"name":"International Journal of Revenue Management","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66706227","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.1504/ijrm.2023.134672
Hari Sowrirajan, George Wang
{"title":"A dynamic pricing model for carbon-aware compute clusters","authors":"Hari Sowrirajan, George Wang","doi":"10.1504/ijrm.2023.134672","DOIUrl":"https://doi.org/10.1504/ijrm.2023.134672","url":null,"abstract":"","PeriodicalId":39519,"journal":{"name":"International Journal of Revenue Management","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135448026","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.1504/ijrm.2023.10051686
Sanjay Gupta, Swati Gupta, Leenu Narang
{"title":"PRIORITIZING THE REQUISITE SKILLS POSSESSED BY REVENUE MANAGERS OF HOSPITALITY INDUSTRY: AN ANALYTIC HIERARCHY PROCESS APPROACH","authors":"Sanjay Gupta, Swati Gupta, Leenu Narang","doi":"10.1504/ijrm.2023.10051686","DOIUrl":"https://doi.org/10.1504/ijrm.2023.10051686","url":null,"abstract":"","PeriodicalId":39519,"journal":{"name":"International Journal of Revenue Management","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66706084","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-01-01DOI: 10.1504/ijrm.2022.10044440
Benedikt Elser, M. Scholz
{"title":"Price Optimization of Perishable Goods Using a Genetic Algorithm","authors":"Benedikt Elser, M. Scholz","doi":"10.1504/ijrm.2022.10044440","DOIUrl":"https://doi.org/10.1504/ijrm.2022.10044440","url":null,"abstract":"","PeriodicalId":39519,"journal":{"name":"International Journal of Revenue Management","volume":"9 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66705985","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-01-01DOI: 10.1504/ijrm.2022.126727
M. Scholz, Benedikt Elser
{"title":"Price optimisation of perishable goods using a genetic algorithm","authors":"M. Scholz, Benedikt Elser","doi":"10.1504/ijrm.2022.126727","DOIUrl":"https://doi.org/10.1504/ijrm.2022.126727","url":null,"abstract":"","PeriodicalId":39519,"journal":{"name":"International Journal of Revenue Management","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66706070","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-01-01DOI: 10.1504/ijrm.2022.10051102
G. Koole, D. Hopman, R. V. D. Mei
: In this paper, an optimisation method is introduced that accounts for cancellations. We do so by estimating the opportunity cost of a booking between the time of booking and the expected time of cancellation. The formulation involves an estimate of the value of the state of the system at the time of cancellation (which is in the future), found through novel heuristics we introduce. The fare that is used to determine whether a product is available for sale, is adjusted by the risk the airline faces. We introduce an example which shows that there may be cases where it is optimal to reject a higher-priced product if the risk of cancellation is high, while accepting a lower-priced product. Simulations show increases in revenues against a traditional formulations that does not explicitly models cancellations. We show our method is robust against choice of heuristic, misjudgement of cancellation probability and forecasting errors.
{"title":"Single-dimensional leg-level dynamic programming with booking-time dependent cancellation probabilities for revenue management","authors":"G. Koole, D. Hopman, R. V. D. Mei","doi":"10.1504/ijrm.2022.10051102","DOIUrl":"https://doi.org/10.1504/ijrm.2022.10051102","url":null,"abstract":": In this paper, an optimisation method is introduced that accounts for cancellations. We do so by estimating the opportunity cost of a booking between the time of booking and the expected time of cancellation. The formulation involves an estimate of the value of the state of the system at the time of cancellation (which is in the future), found through novel heuristics we introduce. The fare that is used to determine whether a product is available for sale, is adjusted by the risk the airline faces. We introduce an example which shows that there may be cases where it is optimal to reject a higher-priced product if the risk of cancellation is high, while accepting a lower-priced product. Simulations show increases in revenues against a traditional formulations that does not explicitly models cancellations. We show our method is robust against choice of heuristic, misjudgement of cancellation probability and forecasting errors.","PeriodicalId":39519,"journal":{"name":"International Journal of Revenue Management","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66706059","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}