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A dynamic model for railway freight overbooking 被引量:2

A dynamic model for railway freight overbooking
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摘要 In order to apply overbooking idea in Chinese railway freight industry to improve revenue, a Markov decision process(dynamic programming) model for railway freight reservation was formulated and the overbooking limit level was proposed as a control policy. However, computing the dynamic programming treatment needs six nested loops and this will be burdensome for real-world problems. To break through the calculation limit, the properties of value function were analyzed and the overbooking protection level was proposed to reduce the calculating quantity. The simulation experiments show that the overbooking protection level for the lower-fare class is higher than that for the higher-fare class, so the overbooking strategy is nested by fare class. Besides, by analyzing the influence on the overbooking strategy of freight arrival probability and cancellation probability, the proposed approach is efficient and also has a good application prospect in reality. Also, compared with the existing reservation(FCFS), the overbooking strategy performs better in the fields of vacancy reduction and revenue improvement. In order to apply overbooking idea in Chinese railway freight industry to improve revenue, a Markov decision process(dynamic programming) model for railway freight reservation was formulated and the overbooking limit level was proposed as a control policy. However, computing the dynamic programming treatment needs six nested loops and this will be burdensome for real-world problems. To break through the calculation limit, the properties of value function were analyzed and the overbooking protection level was proposed to reduce the calculating quantity. The simulation experiments show that the overbooking protection level for the lower-fare class is higher than that for the higher-fare class, so the overbooking strategy is nested by fare class. Besides, by analyzing the influence on the overbooking strategy of freight arrival probability and cancellation probability, the proposed approach is efficient and also has a good application prospect in reality. Also, compared with the existing reservation(FCFS), the overbooking strategy performs better in the fields of vacancy reduction and revenue improvement.
出处 《Journal of Central South University》 SCIE EI CAS CSCD 2015年第8期3257-3264,共8页 中南大学学报(英文版)
基金 Project(2010QZZD021)supported by the Fundamental Research Funds for the Central Universities,China Project(2015F024)supported by China Railway Science and Technology Research Development Program
关键词 revenue management railway freight OVERBOOKING dynamic model 铁路货运 动态模型 马尔可夫决策过程 行业应用 动态规划 嵌套循环 现实世界 价值函数
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