Article ID: | iaor20102969 |
Volume: | 37 |
Issue: | 4 |
Start Page Number: | 273 |
End Page Number: | 279 |
Publication Date: | Jul 2009 |
Journal: | Operations Research Letters |
Authors: | Karaesmen Fikri, Akay Yaln, Aydn Seray |
Keywords: | inventory |
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.