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Overbooking and fare-class allocation are two central problems in revenue management. In this paper, we propose a distribution-free approach for coordinating these two sets of decisions for a single resource. The only information we use are upper and lower bounds of demand of each fare-class and...
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We study stochastic integer programming models for assigning delays to flights that are destined for an airport whose capacity has been impacted by poor weather or some other exogenous factor. In the existing literature, empirical evidence seemed to suggest that a proposed integer programming...
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We present a new type of unsupervised learning problem in which we find a small set of representative regions that approximates a larger dataset. These regions may be presented to a practitioner along with additional information in order to help the practitioner explore the data set. An...
Persistent link: https://www.econbiz.de/10012901510
We study a type of network flow problem that we call the minimum-cost F-graph flow problem. This problem generalizes the typical minimum-cost network flow problem by allowing the underlying network to be a directed hypergraph rather than a directed graph. This new problem is pertinent because it...
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