Title :
Combined Inventory Control and Overbooking Decision Model for Perishable Assets
Author :
Ying-Jin, Lu ; Li, Hao ; Yong-Kai, Ma
Author_Institution :
Sch. of Manage., Univ. of Electron. Sci. & Technol. of China, Chengdu
Abstract :
Successful revenue management is essential to perishable assets. Aimed at maximizing utility of the manufacturer, our paper presents a simultaneous decision model of inventory allocation and overbooking strategy for its perishable commodity. It has much applicative value to practice
Keywords :
financial management; stock control; inventory allocation; inventory control; manufacturer; overbooking decision model; overbooking strategy; perishable assets; perishable commodity; revenue management; Asset management; Capacity planning; Costs; Inventory control; Inventory management; Marketing and sales; Pricing; Pulp manufacturing; Technology management; Virtual manufacturing; EMSR; Overbooking; Perishable Assets;
Conference_Titel :
Service Systems and Service Management, 2006 International Conference on
Conference_Location :
Troyes
Print_ISBN :
1-4244-0450-9
Electronic_ISBN :
1-4244-0451-7
DOI :
10.1109/ICSSSM.2006.320618
