9
views
0
recommends
+1 Recommend
0 collections
    0
    shares
      • Record: found
      • Abstract: found
      • Article: found
      Is Open Access

      A dynamic bid price approach for the seat inventory control problem in railway networks with consideration of passenger transfer

      research-article
      1 , 2 , 1 , 2 , * , 1 , 1 , 2
      PLoS ONE
      Public Library of Science

      Read this article at

      Bookmark
          There is no author summary for this article yet. Authors can add summaries to their articles on ScienceOpen to make them more accessible to a non-specialist audience.

          Abstract

          Railway seat inventory control aims to maximize ticket sale profits by determining a selling policy on the reservation horizon. This paper introduces a dynamic bid price approach in railway seat inventory control problem. Multi-dimensional demand is taken into consideration in modeling the problem, in which passenger transfer is our main focus. A new approximate approach is designed to this problem. Numerical examples are presented to evaluate the efficiency of this approach. Simulation experiments are conducted to verify the impact of transfer under different scenarios.

          Related collections

          Most cited references23

          • Record: found
          • Abstract: not found
          • Article: not found

          Revenue Management: Research Overview and Prospects

            Bookmark
            • Record: found
            • Abstract: not found
            • Article: not found

            A Multiproduct Dynamic Pricing Problem and Its Applications to Network Yield Management

              Bookmark
              • Record: found
              • Abstract: not found
              • Article: not found

              An Analysis of Bid-Price Controls for Network Revenue Management

                Bookmark

                Author and article information

                Contributors
                Role: Writing – original draft
                Role: Supervision
                Role: Writing – review & editing
                Role: Investigation
                Role: Editor
                Journal
                PLoS One
                PLoS ONE
                plos
                plosone
                PLoS ONE
                Public Library of Science (San Francisco, CA USA )
                1932-6203
                2018
                15 August 2018
                : 13
                : 8
                : e0201718
                Affiliations
                [1 ] School of Traffic and Transportation, Beijing Jiaotong University, Beijing, China, 100044
                [2 ] State Key Laboratory of Rail Traffic Control and Safety, Beijing Jiaotong University, Beijing, China, 100044
                Lanzhou University of Technology, CHINA
                Author notes

                Competing Interests: The authors have declared that no competing interests exist.

                Article
                PONE-D-18-08092
                10.1371/journal.pone.0201718
                6093683
                30110356
                ff7f8507-4423-41f8-8699-484ce527a04c
                © 2018 Yuan et al

                This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

                History
                : 16 March 2018
                : 21 July 2018
                Page count
                Figures: 11, Tables: 13, Pages: 23
                Funding
                Funded by: funder-id http://dx.doi.org/10.13039/501100001809, National Natural Science Foundation of China;
                Award ID: U1434207
                Award Recipient :
                Funded by: funder-id http://dx.doi.org/10.13039/501100004833, Ministry of Transport of the People’s Republic of China;
                Award ID: 2015-2-3
                Award Recipient :
                Funded by: Science and Technology Department of the China Railway Corporation
                Award ID: 2016X005-D
                Award Recipient :
                Funded by: Fundamental Research Funds for the Central Universities
                Award ID: 2015JBZ011
                Award Recipient :
                Funded by: Fundamental Research Funds for the Central Universities
                Award ID: 2016RC053
                Award Recipient :
                This research was jointly supported by: (1) National Natural Science Foundation of China (Grant No. U1434207 to L.N.), URL: www.nsfc.gov.cn; (2) Ministry of Transport of the People’s Republic of China (Grant No. 2015-2-3 to L.N.), URL: http://www.mot.gov.cn/; (3) Science and Technology Department of the China Railway Corporation (Grant No. 2016X005-D to L.N.),URL: www.china-railway.com.cn; and (4) Fundamental Research Funds for the Central Universities (Nos. 2015JBZ011, 2016RC053 to L.N.). The funders had no role in study design, data collection and analysis, decision to publish, or preparation of the manuscript.
                Categories
                Research Article
                Social Sciences
                Economics
                Resource Management (Economics)
                Price Controls
                Biology and Life Sciences
                Neuroscience
                Cognitive Science
                Cognitive Psychology
                Decision Making
                Biology and Life Sciences
                Psychology
                Cognitive Psychology
                Decision Making
                Social Sciences
                Psychology
                Cognitive Psychology
                Decision Making
                Biology and Life Sciences
                Neuroscience
                Cognitive Science
                Cognition
                Decision Making
                Research and Analysis Methods
                Mathematical and Statistical Techniques
                Statistical Methods
                Forecasting
                Physical Sciences
                Mathematics
                Statistics (Mathematics)
                Statistical Methods
                Forecasting
                Engineering and Technology
                Management Engineering
                Revenue Management
                Research and Analysis Methods
                Mathematical and Statistical Techniques
                Mathematical Functions
                Linear Programming
                Physical Sciences
                Mathematics
                Applied Mathematics
                Algorithms
                Research and Analysis Methods
                Simulation and Modeling
                Algorithms
                Physical Sciences
                Mathematics
                Algebra
                Linear Algebra
                Vector Spaces
                Engineering and Technology
                Industrial Engineering
                Industrial Research
                Custom metadata
                All relevant data are within the paper and its Supporting Information files.

                Uncategorized
                Uncategorized

                Comments

                Comment on this article