An optimal, dynamic policy for hotel yield management.
Ralph BadinelliPublished in: Eur. J. Oper. Res. (2000)
Keyphrases
- finite horizon
- yield management
- asymptotically optimal
- dynamic environments
- genetic algorithm
- control policies
- expected cost
- dynamic programming
- optimal solution
- bayesian networks
- optimal policy
- optimal control
- infinite horizon
- worst case
- average cost
- pricing strategies
- optimal capacity
- markov decision
- machine learning