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A dynamic programming algorithm based on expected revenue approximation for the network revenue management problem

โœ Scribed by Kuancheng Huang; Yu-Tung Liang


Book ID
116938088
Publisher
Elsevier Science
Year
2011
Tongue
English
Weight
339 KB
Volume
47
Category
Article
ISSN
1366-5545

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## Abstract We present a new deterministic linear program for the network revenue management problem with customer choice behavior. The novel aspect of our linear program is that it naturally generates bid prices that depend on how much time is left until the time of departure. Similar to the earli