EMSRb {RM2}R Documentation

Perform EMSR-b with Buy-up Heuristic for the Single-Resource Problem

Description

EMSRb heuristic sets the protection levels for multiple fare classes.

Usage

EMSRb(Fare = Fare, Mean = Mean, Var = Var, p_up = numeric(length(Fare)), cap = cap)

Arguments

Fare revenue vector associated with selling the offered products
Mean mean product demand
Var product demand variance
p_up buy-up probabilities. The default entails no buy-up probabilities.
cap available capacity

Details

EMSRb sorts internally the Fare vector together with all other input vectors in descending order of the revenues. If p_up is missing, EMSRb performs the classical EMSRb heuristic.

Value

p protection levels

Author(s)

Tudor Bodea tudor.bodea@ihg.com
Dev Koushik dev.koushik@ihg.com
Mark Ferguson mark.ferguson@mgt.gatech.edu

Examples

## Run a simple EMRSb instance
Fare <- c(150, 100, 50, 250)
Mean <- c(75, 125, 500, 50)
Var <- c(75, 125, 500, 50)
cap <- 400
p <- EMSRb(Fare = Fare, Mean = Mean, Var = Var, cap = cap)
p

[Package RM2 version 0.0 Index]