EM_internal: Unconstrain the demand using the Expectation-Maximization...

In RM2: Revenue Management and Pricing Package

Description

EM_internal is the internal function called by EM .

Usage

EM_internal(demand = demand, eps = 0.005)

Arguments

demand	demand vector with constrained and unconstrained entries. A 0 in the name of an entry means that the corresponding demand is unconstrained. Conversely, a 1 in the name of an entry suggests that the corresponding demand is constrained.
eps	small number used as the stopping criterion. The default value is 0.005.

Details

EM_internal unconstrains demand data in quantity-based revenue management.

Value

param	parameters of demand distribution
niter	number of iterations
demand	unconstrained demand
history	convergence history

Author(s)

Tudor Bodea [e-mail]
Dev Koushik [e-mail]
Mark Ferguson [e-mail]

References

Talluri, K. T. and Van Ryzin, G. (2004) The Theory and Practice of Revenue Management. New York, NY: Springer Science + Business Media, Inc. (Pages 474-477).

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