Dataset Information
A dynamic bid price approach for the seat inventory control problem in railway networks with consideration of passenger transfer.
Ontology highlight
ABSTRACT:
SUBMITTER: Yuan W
PROVIDER: S-EPMC6093683 | biostudies-literature | 2018
REPOSITORIES: biostudies-literature
Publications
A dynamic bid price approach for the seat inventory control problem in railway networks with consideration of passenger transfer.
PloS one 20180815 8
Railway seat inventory control aims to maximize ticket sale profits by determining a selling policy on the reservation horizon. This paper introduces a dynamic bid price approach in railway seat inventory control problem. Multi-dimensional demand is taken into consideration in modeling the problem, in which passenger transfer is our main focus. A new approximate approach is designed to this problem. Numerical examples are presented to evaluate the efficiency of this approach. Simulation experime ...[more]