| Article ID: | iaor20032998 |
| Country: | Singapore |
| Volume: | 19 |
| Issue: | 1 |
| Start Page Number: | 71 |
| End Page Number: | 86 |
| Publication Date: | May 2002 |
| Journal: | Asia-Pacific Journal of Operational Research |
| Authors: | Murtagh B.A., Mitra S. |
| Keywords: | social, marketing, finance & banking, yield management |
This paper presents a nonlinear integer programming approach to the optimization phase of the yield management problem, which allows the imposition of constraints on the proportions of fare classes either in absolute terms or in relation to each other. Computational experience with the implementation of this approach is described, and some examples of the areas of applicability are discussed.