On the structural properties of a discrete-time single product revenue management problem

On the structural properties of a discrete-time single product revenue management problem

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Article ID: iaor20102969
Volume: 37
Issue: 4
Start Page Number: 273
End Page Number: 279
Publication Date: Jul 2009
Journal: Operations Research Letters
Authors: , ,
Keywords: inventory
Abstract:

We consider a multi-period revenue management problem in which multiple classes of demand arrive over time for the common inventory. The demand classes are differentiated by their revenues and their arrival distributions. We investigate monotonicity properties of varying problem parameters on the optimal reward and the policy.

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