haku: @indexterm MARTINGALES / yhteensä: 5
viite: 2 / 5
| Tekijä: | Feng, Y. Gallego, G. |
| Otsikko: | Perishable asset revenue management with Markovian time dependent demand intensities |
| Lehti: | Management Science
2000 : JUL, VOL. 46:7, p. 941-956 |
| Asiasana: | CONTROL MARTINGALES PRICING |
| Kieli: | eng |
| Tiivistelmä: | Many industries face the problem of selling a fixed stock of items over a finite horizon. These industries include airlines selling seats before planes depart, hotels renting rooms before midnight, theaters selling seats before curtain time, and retailers selling seasonal items with long procurement lead times. Given a sunk investment in seats, rooms, or winter coats, the objective for these industries is to maximize revenues in excess of salvage value. |
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