Overbooking with bounded loss

We study a classical problem in revenue management: quantity-based single-resource revenue management with no-shows. In this problem, a firm observes a sequence of \(T\) customers requesting a service. Each arrival is drawn independently from a known distribution of \(k\) different types, and the fi...

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Veröffentlicht in:	arXiv.org 2022-04
Hauptverfasser:	Freund, Daniel, Zhao, Jiayu Kamessi
Format:	Artikel
Sprache:	eng
Schlagworte:	Algorithms Arrivals Revenue Revenue management
Online-Zugang:	Volltext
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