Golf course revenue management

Journal of Revenue and Pricing Management(2009)

引用 14|浏览14
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摘要
This research is based on an analysis of golf course tee-time reservation practice. Specifically, this article presents a unique linear model that can be used to assign the demand to the available tee-times, and thus, maximize their utilization and the total revenue. The model is solved by using the SAS-OR built-in branch and bound (B&B) algorithm. To reduce the computational time, we propose a heuristic to find an initial feasible solution to the model. This initial solution reduces the CPU time substantially and enabled us to solve the larger-scale problem by using the SAS-OR.
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关键词
consumer behaviour,pricing,yield management,capacity,operations research,statistics,e commerce,human resource management,segmentation,management science,demand management,business process management,software development,economics,marketing
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