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Simultaneous Capacity and Price Control


Start date: 31.05.2007
Duration: 04/2004 - 03/2007
Funded by: Universität Augsburg
Local head of project: Dipl.-Kfm. Michael Becher, M.A.
Local scientists: Prof. Dr. Axel Tuma

Abstract

The field of research is the dynamic control of capacities and prices within the demand-oriented revenue management with the objective of exploiting the revenue potential of a company.

Fuzzy Expert Controllers are used in the heuristic implementation of this problem to reach the objective in the context of stochastic customer demand and willingness to pay.

Application cases besides the goods distribution (simultaneous capacity and price control) are the capacity control in the waste incineration industry and the price control in hotels.