Name
Title | ||
|---|---|---|
A minmax regret price control model for managing perishable products with uncertain parameters. |
Abstract | ||
|---|---|---|
•Proposed a new minmax regret model for RM problems with uncertain parameters.•Analyzed characteristics of the solution for the minmax regret model.•Derived the solution for the minmax regret model and conducted an empirical study.•The model cuts variance of revenue heavily without compromising its expected value. |
Year | DOI | Venue |
|---|---|---|
2017 | 10.1016/j.ejor.2016.09.024 | European Journal of Operational Research |
Keywords | Field | DocType |
Revenue management,Robust control,Dynamic pricing,Minmax regret | Revenue management,Revenue,Mathematical optimization,Minimax,Regret,Upper and lower bounds,Dynamic pricing,Perfect information,Robust control,Mathematics,Operations management | Journal |
Volume | Issue | ISSN |
258 | 2 | 0377-2217 |
Citations | PageRank | References |
3 | 0.37 | 9 |
Authors | ||
2 | ||
Name | Order | Citations | PageRank |
|---|---|---|---|
| Jiamin Wang | 1 | 47 | 5.91 |
| Baichun Xiao | 2 | 217 | 38.49 |