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A dynamic bid price approach for the seat inventory control problem in railway networks with consideration of passenger transfer

Wuyang Yuan; Lei Nie; Xin Wu dkk.

PLOS ONE, Vol. 13 No. 8 · 2018 · Inggris · PLOS Scopus

Railway seat inventory control aims to maximize ticket sale profits by determining a selling policy on the reservation horizon. This paper introduces a dynamic bid price approach in railway seat inventory control problem. Multi-dimensional demand is taken into consideration in modeling the problem…