Gallego & Phillips studied two alternative products offered by the airlines company. Customers can buy a flexible product. The supplier reserved the right to assign customers who purchase a flexible product to one of the alternatives. This paper extends to more flexible product, such as three alternatives. Stochastic dynamic model is formulized. Numerical experiments show that it will increase expected revenue and pool the risk for a company to sale more flexible products.
周蓉, 肖文莉. 基于收益管理的高灵活性产品两阶段销售模型研究[J]. J4, 2009, 6(1): 57-.
ZHOU Rong, XIAO Wen-Li. Research on TwoPhase Marking Model for More Flexible Products Using Revenue Management. J4, 2009, 6(1): 57-.