Robust optimization models for network revenue management

buir.advisorPınar, Mustafa Ç.
dc.contributor.authorBahtiyar, İrem
dc.date.accessioned2024-07-26T05:29:29Z
dc.date.available2024-07-26T05:29:29Z
dc.date.copyright2024-07
dc.date.issued2024-07
dc.date.submitted2024-07-23
dc.descriptionCataloged from PDF version of article.
dc.descriptionThesis (Master's): Bilkent University, Department of Industrial Engineering, İhsan Doğramacı Bilkent University, 2024.
dc.descriptionIncludes bibliographical references (leaves 111-113).
dc.description.abstractEffective capacity allocation methods play a crucial role in Network Revenue Management. Yet, current methods for determining optimal capacity controls under uncertainty, such as stochastic optimization, often assume a known probability distribution for unknown parameters. This assumption may degrade a model’s performance when faced with unexpected data patterns. This thesis explores a novel approach through robust optimization to address stochastic resource allocation problems. We introduce a heuristic based on these robust formulations to derive actionable results. Through extensive simulations focused on seat allocation problems within the revenue management domain, our proposed formulations demonstrate improved worst-case performances. Notably, even under favorable scenarios, our solutions remain comparable to existing methods in the revenue management literature.
dc.description.provenanceSubmitted by Betül Özen (ozen@bilkent.edu.tr) on 2024-07-26T05:29:29Z No. of bitstreams: 1 B019243.pdf: 959149 bytes, checksum: b7ca0731da58ea2fcb39bb210c267655 (MD5)en
dc.description.provenanceMade available in DSpace on 2024-07-26T05:29:29Z (GMT). No. of bitstreams: 1 B019243.pdf: 959149 bytes, checksum: b7ca0731da58ea2fcb39bb210c267655 (MD5) Previous issue date: 2024-07en
dc.description.statementofresponsibilityby İrem Bahtiyar
dc.format.extentxiv, 130 leaves : charts ; 30 cm.
dc.identifier.itemidB019243
dc.identifier.urihttps://hdl.handle.net/11693/115459
dc.language.isoEnglish
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subjectRobust optimization
dc.subjectNetwork revenue management
dc.subjectCapacity allocation
dc.titleRobust optimization models for network revenue management
dc.title.alternativeAğ gelir yönetimi için sağlamcı optimizasyon modelleri
dc.typeThesis
thesis.degree.disciplineIndustrial Engineering
thesis.degree.grantorBilkent University
thesis.degree.levelMaster's
thesis.degree.nameMS (Master of Science)

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