• DocumentCode
    2239836
  • Title

    Single-resource capacity control with random-fuzzy demand

  • Author

    Jun-li, Lei ; Jin-lin, Li ; Lun, Ran

  • Author_Institution
    Sch. of Manage. & Econ., Beijing Inst. of Technol., Beijing, China
  • fYear
    2011
  • fDate
    13-15 Sept. 2011
  • Firstpage
    105
  • Lastpage
    110
  • Abstract
    This paper studies the capacity control problem in revenue management with single resource, where the decision maker can only estimate the type of probability distribution of uncertain demand, but they do not have the necessary historic data to estimate the parameters of these distributions. We model these uncertainty parameters with fuzzy variables. Based on the theory of fuzzy satisfaction degree for objectives, the fuzzy nonlinear programming model in this paper is transformed into a convex programming problem. By using the lagrangian multiplier and the Kuhn-Tucker conditions we obtain the optimal solution of the model. Owing to the information for demand in random-fuzzy environment is less than only in the random environment, the paper reveals that the protection level for the highest class with random-fuzzy demand are more than only in random environment and it depends on the membership of the fuzzy environment, what´s more, if and only if the membership equals 1, the protection level in these two situations are the same to each other. The model in this paper can be viewed as a generalization of single-resource capacity control with random demand.
  • Keywords
    convex programming; decision making; financial management; fuzzy set theory; parameter estimation; random processes; statistical distributions; Kuhn-Tucker conditions; Lagrangian multiplier; convex programming problem; decision maker; fuzzy nonlinear programming model; fuzzy satisfaction degree theory; parameter estimation; probability distribution; random-fuzzy demand; revenue management; single-resource capacity control; uncertain demand; Approximation methods; Numerical models; Operations research; Probability distribution; Programming; Stochastic processes; Uncertainty; capacity control; fuzzy satisfaction degree; protection level; random-fuzzy demand;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management Science and Engineering (ICMSE), 2011 International Conference on
  • Conference_Location
    Rome
  • ISSN
    2155-1847
  • Print_ISBN
    978-1-4577-1885-4
  • Type

    conf

  • DOI
    10.1109/ICMSE.2011.6069950
  • Filename
    6069950