Abstract
The two main textbook models of single-resource capacity control are the dynamic and the static capacity control model. Both models fulfill assumptions i) to xi) mentioned in Sect. 1.1.1; they differ only in the assumptions concerning the arrival process. Static capacity control models assume that demand for the different booking classes arrives in non-overlapping periods. Dynamic capacity control models allow passengers to arrive in any order. In turn, they assume demand to be Markovian.
Keywords
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
Rights and permissions
Copyright information
© 2007 Springer-Verlag Berlin Heidelberg
About this chapter
Cite this chapter
(2007). Basic Single Resource Capacity Control Models in Revenue Management. In: Risk-Averse Capacity Control in Revenue Management. Lecture Notes in Economics and Mathematical Systems, vol 597. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-73014-9_5
Download citation
DOI: https://doi.org/10.1007/978-3-540-73014-9_5
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-73013-2
Online ISBN: 978-3-540-73014-9
eBook Packages: Business and EconomicsBusiness and Management (R0)