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

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,...

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Bibliographic Details
Main Authors: Wuyang Yuan, Lei Nie, Xin Wu, Huiling Fu
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2018-01-01
Series:PLoS ONE
Online Access:http://europepmc.org/articles/PMC6093683?pdf=render