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Titlebook: Revenue Management and Survival Analysis in the Automobile Industry; André Jerenz Book 2008 Gabler Verlag | Springer Fachmedien Wiesbaden

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书目名称Revenue Management and Survival Analysis in the Automobile Industry
编辑André Jerenz
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图书封面Titlebook: Revenue Management and Survival Analysis in the Automobile Industry;  André Jerenz Book 2008 Gabler Verlag | Springer Fachmedien Wiesbaden
描述Revenue management has been successfully applied to service-oriented industries for a long time. In the more recent past, besides these classical application areas, it has been introduced to other production and logistics processes as well. For the automobile industry so far, only a few revenue managementmodels have been developed but practically none for its used car sector. Being a sector with suitable prerequisites and a low pro?t margin, this is a promising application area for price-based revenue management. As used cars are “individual” and “durable” goods – unlike seat or room bookings –, a different approach is necessary with “dynamic pricing” as the main control strategy. A somewhat similar problem can only be found in the real estate sector. Thus, a conceptual framework of an appropriate revenue management model based on dynamic pricing must be developed. Using current and historical m- ket data, the price-responsefunctionhas to be estimated which then can serve as the basis for determining the optimal dynamic pricing strategy. For two central components of this framework, optimization and estimation, - novative approaches are proposed. Based on results from Control Theor
出版日期Book 2008
关键词Automobilindustrie; Gebrauchtwagenmarkt; Management; Pricing; stochastic control theory; strategy; used ca
版次1
doihttps://doi.org/10.1007/978-3-8349-9840-8
isbn_softcover978-3-8349-1037-0
isbn_ebook978-3-8349-9840-8
copyrightGabler Verlag | Springer Fachmedien Wiesbaden GmbH, Wiesbaden 2008
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