Search Results - "Gönsch, Jochen"
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A survey on risk-averse and robust revenue management
Published in European journal of operational research (01-12-2017)“…•Classical approaches risk-neutral, but risk-aversion often encountered in practice.•Concise and exhaustive description of risk-averse and robust…”
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How much to tell your customer? – A survey of three perspectives on selling strategies with incompletely specified products
Published in European journal of operational research (01-02-2020)“…•Selling strategy that enables market segmentation and operational flexibility.•Key characteristic is that details are decided by the seller after the…”
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Optimizing trading decisions of wind power plants with hybrid energy storage systems using backwards approximate dynamic programming
Published in International journal of production economics (01-08-2021)“…On most modern energy markets, electricity is traded in advance and a power producer has to commit to deliver a certain amount of electricity some time before…”
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Risk-averse dynamic pricing using mean-semivariance optimization
Published in European journal of operational research (01-11-2023)“…•We consider dynamic pricing problems under mean-semivariance optimization.•An algorithm to obtain Pareto-optimal solutions is developed.•We derive bounds for…”
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Time-consistent, risk-averse dynamic pricing
Published in European journal of operational research (01-09-2019)“…•Classical approaches are risk-neutral, but risk aversion is widespread in practice.•In dynamic problems, time consistency is important.•Nested conditional…”
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How to load your auto carrier. A hybrid packing approach for the auto-carrier loading problem
Published in European journal of operational research (16-06-2024)“…The distribution of new vehicles is a critical cost factor for automotive original equipment manufacturers (OEMs). While trains are the ideal mode for overland…”
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A note on a model to evaluate acquisition price and quantity of used products for remanufacturing
Published in International journal of production economics (01-11-2015)“…Pokharel and Liang [2012. A model to evaluate acquisition price and quantity of used products for remanufacturing. Int. J. Prod. Econ. 138, 170–176] considered…”
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Demand-Oriented Integrated Scheduling for Point-to-Point Airlines
Published in Transportation science (01-02-2017)“…Optimizing an airline schedule usually comprises multiple planning stages. These are the choice of flights to offer (schedule design), the assignment of fleets…”
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Dynamic pricing for shared mobility systems based on idle time data
Published in OR Spectrum (01-06-2024)“…In most major cities today, various shared mobility systems such as car or bike sharing exist. Maintaining these systems is challenging, and, thus, public and…”
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Matching functions for free-floating shared mobility system optimization to capture maximum walking distances
Published in European journal of operational research (01-03-2023)Get full text
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Dynamic Programming Decomposition for Choice-Based Revenue Management with Flexible Products
Published in Transportation science (01-11-2017)“…We reconsider the stochastic dynamic program of revenue management with flexible products and customer choice behavior as proposed by Gallego et al. [Gallego…”
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Revenue management with flexible products: The value of flexibility and its incorporation into DLP-based approaches
Published in International journal of production economics (01-07-2014)“…A major benefit of flexible products is that they allow for supply-side substitution even after they have been sold. This helps improve capacity utilization…”
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Buying used products for remanufacturing: negotiating or posted pricing
Published in Zeitschrift für Betriebswirtschaft (01-07-2014)“…Product reclamation is a critical process in remanufacturing. It is generally assumed in the literature that customers simply want to get rid of their used…”
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Sell or store? An ADP approach to marketing renewable energy
Published in OR Spectrum (01-07-2016)“…In deregulated markets, electricity is usually traded in advance, and the advance commitments have a time lag of several periods. For example, in the German…”
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Optimizing conditional value-at-risk in dynamic pricing
Published in OR Spectrum (01-07-2018)“…Many industries use dynamic pricing on an operational level to maximize revenue from selling a fixed capacity over a finite horizon. Classical risk-neutral…”
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Managing admission and discharge processes in intensive care units
Published in Health care management science (01-12-2021)“…The intensive care unit (ICU) is one of the most crucial and expensive resources in a health care system. While high fixed costs usually lead to tight…”
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On the influence of collection cost on reverse channel configuration
Published in Zeitschrift für Betriebswirtschaft (01-03-2021)“…This paper revisits the impact of collection cost on a manufacturer’s optimal reverse channel choice. A manufacturer who remanufactures his own products has…”
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An EMSR-based approach for revenue management with integrated upgrade decisions
Published in Computers & operations research (01-10-2013)“…We consider the revenue management problem of capacity control with integrated upgrade decision-making. The dynamic programming formulation of this problem is…”
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Is the Time Ripe? How the Value of Waiting and Incentives Affect Users’ Switching Behaviors for Smart Home Devices
Published in Schmalenbach business review (01-02-2019)“…Product-related and market-related uncertainties often cause users to defer from switching to new IT devices. There is a value of waiting (VoW) for users…”
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Using flexible products to cope with demand uncertainty in revenue management
Published in OR Spectrum (2012)“…While flexible products have been popular for many years in practice, they have only recently gained attention in the academic literature on revenue…”
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