Journal ArticleDOI
The Theory and Practice of Revenue Management
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The Theory and Practice of Revenue Management by Kalyan T. Talluri and Garrett J. van Ryzin this paper is a classic work on revenue management that has been widely cited.Abstract:
The Theory and Practice of Revenue Management by Kalyan T. Talluri and Garrett J. van Ryzin. Reviewed by Warren Liebermanread more
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Robust strategies for mitigating supply chain disruptions
TL;DR: In this article, the authors present cost-effective and time-efficient strategies that enable a supply chain to manage the inherent fluctuations efficiently regardless of the occurrence of major disruptions, and these strategies will make the supply chain become more resilient in the face of major disruption.
Journal ArticleDOI
Appointment scheduling in health care: Challenges and opportunities
Diwakar Gupta,Brian T. Denton +1 more
TL;DR: A road map of the state of the art in the design of appointment management systems is provided and future opportunities for novel applications of IE/OR models are identified.
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$\ell_1$ Trend Filtering
TL;DR: This paper proposes a variation on Hodrick-Prescott (H-P) filtering, a widely used method for trend estimation that substitutes a sum of absolute values for the sum of squares used in H-P filtering to penalize variations in the estimated trend.
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Inter-temporal Pricing with Strategic Customer Behavior
TL;DR: This paper develops a model of dynamic pricing with endogenous intertemporal demand and finds that strategic waiting by customers may sometimes benefit the seller: when low-value customers wait, they compete for availability with high- Value customers and thus increase their willingness to pay.
Journal ArticleDOI
Strategic Capacity Rationing to Induce Early Purchases
Qian Liu,Garrett van Ryzin +1 more
TL;DR: This work investigates whether it is optimal for a firm to create rationing risk by deliberately understocking products and examines how the optimal amount of rationing is affected by the magnitude of price changes over time and the degree of risk aversion among customers.