EMSRb_internal: Perform EMSR-b with Buy-up Heuristic for the Single-Resource...

Description Usage Arguments Details Value Author(s)

Description

EMSRb_internal is called by EMRSb and sets the protection levels for multiple fare classes.

Usage

1
EMSRb_internal(Fare = Fare, Mean = Mean, Var = Var, p_up = numeric(length(Fare)), cap = cap)

Arguments

Fare

revenue vector associated with selling the offered products

Mean

mean product demand

Var

product demand variance

p_up

buy-up probabilities. The default entails no buy-up probabilities.

cap

available capacity

Details

EMSRb_internal sorts internally the Fare vector together with all other input vectors in descending order of the revenues. If p_up is missing, EMSRb_internal performs the classical EMSRb heuristic.

Value

p

protection levels

Author(s)

Tudor Bodea tudor.bodea@ihg.com
Dev Koushik dev.koushik@ihg.com
Mark Ferguson mark.ferguson@mgt.gatech.edu


RM2 documentation built on May 2, 2019, 9:23 a.m.

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