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作者:Feng, YY; Xiao, BC
作者单位:Chinese University of Hong Kong; Long Island University; Long Island University Post
摘要:We consider an airline seat inventory control problem with multiple origins, one hub, and one destination. Passengers from the origins fly to the destination via the hub. Seat capacity of the hub-destination flight is fixed. Demands at origins are assumed to obey the Poisson process. To maximize the expected revenue, management faces decisions on allocating seats among competing origin-destination routes. This study presents a stochastic control model and develops optimal control rules. The ba...
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作者:Nelson, BL; Swann, J; Goldsman, D; Song, WM
作者单位:Northwestern University; University System of Georgia; Georgia Institute of Technology; National Tsing Hua University
摘要:In this paper, we address the problem of finding the simulated system with the best (maximum or minimum) expected performance when the number of alternatives is finite, but large enough that ranking-and-selection (R&S) procedures may require too much computation to be practical. Our approach is to use the data provided by the first stage of sampling in an R&S procedure to screen out alternatives that are not competitive, and thereby avoid the (typically much larger) second-stage sample for the...
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作者:Wilson, JR
作者单位:North Carolina State University
摘要:Recently, Nelson et al. (2001a, b) formulated a class of combined screening-and-selection procedures for identifying the simulated system with optimal expected response when the number of alternatives is finite, but large enough to render conventional ranking-and-selection procedures impractical. Under a certain key assumption, they derived an additive decomposition lemma that provides a lower bound on the correct-selection probability when either the original or group-screening version of the...