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Maximum utility product pricing models and algorithms based on reservation price

机译:基于保留价格的最大实用产品定价模型和算法

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摘要

We consider a revenue management model for pricing a product line with several customer segments under the assumption that customers’ product choices are determined entirely by their reservation prices. We highlight key mathematical properties of the maximum utility model and formulate it as a mixed-integer programming problem, design heuristics and valid cuts. We further present extensions of the models to deal with various practical issues arising in applications. Our computational experiments with real data from the tourism sector as well as with the randomly generated data show the effectiveness of our approach.
机译:我们假设一种收入管理模型,该模型用于对具有多个客户群的产品线进行定价,前提是客户的产品选择完全取决于其保留价格。我们重点介绍了最大效用模型的关键数学属性,并将其表述为混合整数编程问题,设计试探法和有效割据。我们进一步介绍了模型的扩展,以处理应用程序中出现的各种实际问题。我们对来自旅游部门的真实数据以及随机生成的数据进行的计算实验证明了我们方法的有效性。

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