Yield management with side conditions

Bruce A. Murtagh; Sanghamitra Mitra

Yield management with side conditions

Bruce A. Murtagh^*
, Sanghamitra Mitra

^*Corresponding author for this work

Macquarie Graduate School of Management

Research output: Contribution to journal › Article › peer-review

1 Citation (Scopus)

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

Cite this

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title = "Yield management with side conditions",

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.",

keywords = "Nonlinear programming, Optimization, Stochastic demand, Yield management",

author = "Murtagh, \{Bruce A.\} and Sanghamitra Mitra",

year = "2002",

month = may,

language = "English",

volume = "19",

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journal = "Asia-Pacific Journal of Operational Research",

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AU - Murtagh, Bruce A.

AU - Mitra, Sanghamitra

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N2 - 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.

AB - 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.

KW - Nonlinear programming

KW - Optimization

KW - Stochastic demand

KW - Yield management

UR - https://www.scopus.com/pages/publications/0036578703

M3 - Article

AN - SCOPUS:0036578703

SN - 0217-5959

VL - 19

SP - 71

EP - 86

JO - Asia-Pacific Journal of Operational Research

JF - Asia-Pacific Journal of Operational Research

IS - 1

ER -

Yield management with side conditions

Abstract

Keywords

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Cite this