Published January 1, 2009 | Version v1
Journal article Open

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

  • 1. Koc Univ, Dept Ind Engn, TR-34450 Istanbul, Turkey
  • 2. Koc Univ, Coll Business Adm & Econ, TR-34450 Istanbul, Turkey

Description

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. (C) 2009 Elsevier B.V. All rights reserved.

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