Multicriteria Models in Revenue Management

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04274644%3A_____%2F23%3A%230001102" target="_blank" >RIV/04274644:_____/23:#0001102 - isvavai.cz</a>

Alternative codes found

RIV/61384399:31140/23:00060106

Result on the web

<a href="https://mcdm.ue.katowice.pl/index.php?page=publications&year=2023" target="_blank" >https://mcdm.ue.katowice.pl/index.php?page=publications&year=2023</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.22367/mcdm.2023.18.02" target="_blank" >10.22367/mcdm.2023.18.02</a>

Result language

angličtina

Original language name

Multicriteria Models in Revenue Management

Original language description

Revenue Management (RM) is about selling the right product to the right customer at the right time at the right price through the right channel to maximise revenue. The real innovation of RM lies in the way decisions are made. The performance of revenue management approaches can be evaluated against several criteria. Both discrete and continuous multicriteria models can be used to analyse RM. The performance pyramid is a comprehensive, fully integrated per-performance system that captures multiple perspectives such as internal, financial, customer and innovation. The assessment is based on a combination of Analytic Hierarchy Process (AHP), Analytic Network Process (ANP) and Data Envelopment Analysis (DEA) approaches. Customer behavior modeling is gaining increasing attention in the field of rev-enue management. Customer choice models can be extended with more inputs and more outputs. Evaluation of alternatives can be performed using DEA-based evaluation methods. The search for an efficient frontier in a DEA model can be formulated as a multiobjective linear programming problem. We propose to use an Aspiration Level Oriented Procedure (ALOP) to solve the problem.

Czech name

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Czech description

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Type

J_ost - Miscellaneous article in a specialist periodical

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2023

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Multiple Criteria Decision Making

ISSN

2084-1531

e-ISSN

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Volume of the periodical

18

Issue of the periodical within the volume

1

Country of publishing house

PL - POLAND

Number of pages

18

Pages from-to

29-46

UT code for WoS article

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EID of the result in the Scopus database

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