Abstract
A nonlinear integer programming approach to the optimization phase of the yield management problem was discussed. A modified branch-and-bound algorithm was applied to maximize the nonlinear expression for total expected revenues. Computational methods for solving this problems were presented. Some examples of the application of this problem in various areas were also presented.
| Original language | English |
|---|---|
| Pages (from-to) | 71-86 |
| Number of pages | 16 |
| Journal | Asia-Pacific Journal of Operational Research |
| Volume | 19 |
| Issue number | 1 |
| Publication status | Published - May 2002 |
Keywords
- Nonlinear programming
- Optimization
- Stochastic demand
- Yield management