Integrated Capacity and Price Control in Revenue Management

A Fuzzy System Approach

  • Authors
  • MichaelĀ Becher

About this book

Introduction

Due to tough competition and increased customer-orientation, companies must improve their management of revenue objectives. In the context of a fluctuating demand and the unknown price behaviour of customers, the practice-oriented development of a revenue management approach for an integrated control of capacities and prices becomes essential.

Michael Becher develops a concept for an integrated capacity and price control in revenue management. His concept is based on fuzzy expert controllers and complies with the defined business and application requirements. The resulting approach is evaluated in three applications: capacity control in waste incineration industry, price control in hotels and integrated capacity and price control in goods distribution. The results show that the amount of coverage can be increased due to the application of the proposed concept.

Keywords

Controller FEPC FESCPC Fuzzy Expert Systems Price Control Revenue Management Revision

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-8349-9650-3
  • Copyright Information Betriebswirtschaftlicher Verlag Dr. Th. Gabler | GWV Fachverlage GmbH, Wiesbaden 2008
  • Publisher Name Gabler
  • eBook Packages Business and Economics
  • Print ISBN 978-3-8350-0986-8
  • Online ISBN 978-3-8349-9650-3
  • About this book
Industry Sectors
Pharma
Automotive
Chemical Manufacturing
Biotechnology
Electronics
Telecommunications
Consumer Packaged Goods