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dc.contributor.advisorYildirim, Mehmet Bayram
dc.contributor.advisorBarut, Mehmet
dc.contributor.authorSantos-Pinzon, Jorge E.
dc.date.accessioned2010-09-23T15:43:14Z
dc.date.available2010-09-23T15:43:14Z
dc.date.issued2010-04-23
dc.identifier.citationSantos-Pinzon, Jorge E. (2010). Dynamic capacity apportionment procedure exposed to different business conditions. -- In Proceedings: 6th Annual Symposium: Graduate Research and Scholarly Projects. Wichita, KS: Wichita State University, p. 181-182en
dc.identifier.urihttp://hdl.handle.net/10057/3238
dc.descriptionPaper presented to the 6th Annual Symposium on Graduate Research and Scholarly Projects (GRASP) held at the Hughes Metropolitan Complex, Wichita State University, April 23, 2010.en
dc.descriptionResearch completed at the Department of Industrial Engineering, College of Engineeringen
dc.description.abstractRevenue management (RM) is a methodology used to allocate resources in order to maximize revenue. Capacity allocation is one of the problems in RM when demand surpasses the available capacity. This problem is addressed by allocating capacity using a dynamic capacity apportionment procedure (DCAP). In this study, the objective is to analyze the effectiveness of DCAP and present its behavior under different scenarios and business conditions such as, non-decreasing due dates, multiple products, and contracts for capacity reservation. Simulations showed that among 600 experimental conditions replicated 10 times, DCAP resulted in a maximum total profit increase of 51.3% increase and a minimum of -0.18% compared to the first come first serve policy. Additionally, results also demonstrated that factors such as capacity tightness, profit attractiveness, and order rate scenarios significantly influenced DCAP’s performance.en
dc.format.extent131903 bytes
dc.format.extent1843 bytes
dc.format.mimetypeapplication/pdf
dc.format.mimetypetext/plain
dc.language.isoen_USen
dc.publisherWichita State University. Graduate Schoolen
dc.relation.ispartofseriesGRASPen
dc.relation.ispartofseriesv.6en
dc.titleDynamic capacity apportionment procedure exposed to different business conditionsen
dc.typeConference paperen


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