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Seat inventory control methods for Chinese passenger railways 被引量:3
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作者 包云 刘军 +1 位作者 马敏书 孟令云 《Journal of Central South University》 SCIE EI CAS 2014年第4期1672-1682,共11页
Railway seat inventory control strategies play a crucial role in the growth of profit and train load factor. The railway passenger seat inventory control problem in China was addressed. Chinese passenger railway opera... Railway seat inventory control strategies play a crucial role in the growth of profit and train load factor. The railway passenger seat inventory control problem in China was addressed. Chinese passenger railway operation features and seat inventory control practice were analyzed firstly. A dynamic demand forecasting method was introduced to forecast the coming demand in a ticket booking period. By clustering, passengers' historical ticket bookings were used to forecast the demand to come in a ticket booking period with least squares support vector machine. Three seat inventory control methods: non-nested booking limits, nested booking limits and bid-price control, were modeled under a single-fare class. Different seat inventory control methods were compared with the same demand based on ticket booking data of Train T15 from Beijing West to Guangzhou. The result shows that the dynamic non-nested booking limits control method performs the best, which gives railway operators evidence to adjust the remaining capacity in a ticket booking period. 展开更多
关键词 seat inventory control Chinese passenger railway revenue management booking limits bid-price
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A LIMITED ORDER CAPACITY STOCHASTIC INVENTORY MODEL WITH A FIXED COST FOR ORDER: THE DISCOUNTED CASE 被引量:3
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作者 胡奇英 胡三立 《Acta Mathematicae Applicatae Sinica》 SCIE CSCD 1991年第4期374-378,共5页
This paper considers a single-item, periodic-review inventory model with linear ordercosts, a convex function representing expected one-period costs, nonegative i.i.d. demandsand a fixed cost for order. Stockouts are ... This paper considers a single-item, periodic-review inventory model with linear ordercosts, a convex function representing expected one-period costs, nonegative i.i.d. demandsand a fixed cost for order. Stockouts are backordered. All data are stationary Both finiteand infinite horizon problems are treated. 展开更多
关键词 THE DISCOUNTED CASE A LIMITED ORDER CAPACITY STOCHASTIC inventory MODEL WITH A FIXED COST FOR ORDER
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