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Ayrıntılı Bilimsel Program ve Bildiri Özetleri - YAEM2010

Ayrıntılı Bilimsel Program ve Bildiri Özetleri - YAEM2010

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P5-08<br />

YAEM 2010<br />

YÖNEYLEM ARAÞTIRMASI VE ENDÜSTRÝ MÜHENDÝSLÝGI 30. ULUSAL KONGRESÝ<br />

Gelir Yönetimi 2: Re<strong>ve</strong>nue Management & Pricing (I)<br />

1 Temmuz 2010 / 15:30 - 16:45<br />

Oturum Salonu: MDBF L058<br />

Oturum Düzenleyicisi: Þ. Ýlker Birbil<br />

Oturum Baþkaný: Þ. Ýlker Birbil<br />

Single-Leg Airline Re<strong>ve</strong>nue Management with O<strong>ve</strong>rbooking and<br />

Cancellations<br />

Nurþen Aydýn, Þ. Ýlker Birbil, J.B.G. Frenk, Nilay Noyan<br />

Industrial Engineering, Sabanci Uni<strong>ve</strong>rsity, Istanbul<br />

Airline re<strong>ve</strong>nue management is about identifying the maximum<br />

re<strong>ve</strong>nue seat allocation policies. Since a major loss in re<strong>ve</strong>nue results<br />

from cancellations and no-shows, o<strong>ve</strong>r the years o<strong>ve</strong>rbooking has<br />

recei<strong>ve</strong>d a significant attention in the literature. In this study, we<br />

propose new models for static and dynamic single-leg o<strong>ve</strong>rbooking<br />

problems. In the static case, we introduce computationally tractable<br />

models that gi<strong>ve</strong> upper and lower bounds for the optimal expected<br />

re<strong>ve</strong>nue. In the dynamic case, we propose a new dynamic<br />

programming model, which is based on two streams of arrivals. The<br />

first stream corresponds to the booking requests and the second<br />

stream represents the cancellations. We also conduct simulation<br />

experiments to illustrate the proposed models and the solution<br />

methods.<br />

Pricing of Products with Non-Uniform Quality<br />

Fikri Karaesmen, Yalçýn Akçay, Seray Aydýn<br />

Koç Uni<strong>ve</strong>rsity, Ýstanbul<br />

In contrast to most operations papers, this research focuses on<br />

in<strong>ve</strong>ntories of items whose quality le<strong>ve</strong>ls are heterogeneous. The<br />

pricing and in<strong>ve</strong>ntory management of such items is challenging due to<br />

this differentiation. All else being equal, customers ha<strong>ve</strong> preferences<br />

for higher quality items, while lower quality items tend to stay unsold<br />

longer.<br />

258

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