Integrated Capacity and Price Control in Revenue Management [electronic resource] : A Fuzzy System Approach /
Becher, Michael.author.
Due to tough competition and increased customer-orientation, companies must improve their management of revenue objectives. In the context of a fluctuating demand and the unknown price behaviour of customers, the practice-oriented development of a revenue management approach for an integrated control of capacities and prices becomes essential. Michael Becher develops a concept for an integrated capacity and price control in revenue management. His concept is based on fuzzy expert controllers and complies with the defined business and application requirements. The resulting approach is evaluated in three applications: capacity control in waste incineration industry, price control in hotels and integrated capacity and price control in goods distribution. The results show that the amount of coverage can be increased due to the application of the proposed concept.
Description based upon print version of record.
Univ., Diss.--Augsburg, 2007.
Conception for a simultaneous capacity and price control -- Concretization of the concept for the simultaneous capacity and price control -- Analysis of the capacity control option: FECC -- Analysis of the price control option: FEPC -- Analysis of the integrated capacity and price control: FESCPC -- Summary.
Due to tough competition and increased customer-orientation, companies must improve their management of revenue objectives. In the context of a fluctuating demand and the unknown price behaviour of customers, the practice-oriented development of a revenue management approach for an integrated control of capacities and prices becomes essential. Michael Becher develops a concept for an integrated capacity and price control in revenue management. His concept is based on fuzzy expert controllers and complies with the defined business and application requirements. The resulting approach is evaluated in three applications: capacity control in waste incineration industry, price control in hotels and integrated capacity and price control in goods distribution. The results show that the amount of coverage can be increased due to the application of the proposed concept.
Leadership.
Operations research.
Decision making.
Business Strategy/Leadership.
Operations Research/Decision Theory.