Basic Single Resource Capacity Control Models in Revenue Management

Abstract

The two main textbook models of single-resource capacity control are the dynamic and the static capacity control model. Both models fulfill assumptions i) to xi) mentioned in Sect. 1.1.1; they differ only in the assumptions concerning the arrival process. Static capacity control models assume that demand for the different booking classes arrives in non-overlapping periods. Dynamic capacity control models allow passengers to arrive in any order. In turn, they assume demand to be Markovian.