WebAbstract: In order to improve the high-speed trains' service levels and increase their market shares, the Chinese high-speed railway (HSR) enterprise is reforming its ticket pricing strategy. A collaborative model that incorporates seat allocation decision into HSR dynamic pricing problem based on the revenue management theory is proposed, in which the … WebApr 30, 2024 · Rail bosses yesterday set out plans for ‘dynamic’ pricing – varying fares to match demand. The rigid system of peak and off-peak times could be relaxed so that …
Collaborative Optimization of Dynamic Pricing and Seat Allocation …
WebS S symmetry Article Joint Decision Model of Group Ticket Booking Limits and Individual Passenger Dynamic Pricing for the High-Speed Railway Zhenying Yan 1,2,3,*, Pingting Zhang 1, Yujia Zhang 1, Hui Liu 1, Chenxi Feng 1 and Xiaojuan Li 1,3,* 1 Transportation Institute of Inner Mongolia University, Hohhot 010070, China 2 School of Tra c and … WebNov 24, 2024 · The methodology reaches an accuracy of 95% in forecasting the purchase of a ticket and a low variance in results. Exploiting a dynamic pricing strategy, DA4PT is able to increase the number of ... dupage county line map
Which kind of dynamic pricing does IRCTC involve in the ... - Quora
WebJan 1, 2010 · This study proposes an intelligent decision support system by integrating dynamic pricing, fleet management, and capacity allocation for passenger rail service providers. Web1 day ago · NEW DELHI: The Delhi Development Authority (DDA) is working on several measures, including dynamic pricing, to increase the sales of flats lying unsold as well as upcoming inventory, mostly EWS ... WebMay 12, 2016 · The company’s position on a competitive market depends on the ability to make optimal pricing decisions. The article discusses the … dupage county lawsuit lookup