Show/Hide Menu
Hide/Show Apps
Logout
Türkçe
Türkçe
Search
Search
Login
Login
OpenMETU
OpenMETU
About
About
Open Science Policy
Open Science Policy
Open Access Guideline
Open Access Guideline
Postgraduate Thesis Guideline
Postgraduate Thesis Guideline
Communities & Collections
Communities & Collections
Help
Help
Frequently Asked Questions
Frequently Asked Questions
Guides
Guides
Thesis submission
Thesis submission
MS without thesis term project submission
MS without thesis term project submission
Publication submission with DOI
Publication submission with DOI
Publication submission
Publication submission
Supporting Information
Supporting Information
General Information
General Information
Copyright, Embargo and License
Copyright, Embargo and License
Contact us
Contact us
Dynamic switching times for season and single tickets in sports and entertainment with time dependent demand rates
Download
index.pdf
Date
2011
Author
Pakyardım, Yusuf Kenan
Metadata
Show full item record
Item Usage Stats
194
views
67
downloads
Cite This
The most important market segmentation in sports and entertainment industry is the competition between customers that buy bundle and single tickets. A common selling practice is starting the selling season with bundle ticket sales and switching to selling single tickets later on. The aim of this practice is to increase the number of customers that buy bundles, to create a fund before the season starts and to increase the load factor of the games with low demand. In this thesis, we investigate the effect of time dependent demand on dynamic switching times and the potential revenue gain over the case where the demand rate is assumed to be constant with time.
Subject Keywords
Revenue management.
URI
http://etd.lib.metu.edu.tr/upload/12613659/index.pdf
https://hdl.handle.net/11511/20965
Collections
Graduate School of Natural and Applied Sciences, Thesis
Suggestions
OpenMETU
Core
Dynamically Switching among Bundled and Single Tickets with Time-Dependent Demand Rates
Duran, Serhan (2012-01-01)
The most important market segmentation in sports and entertainment industry is the competition between customers that buy bundled and single tickets. A common selling practice is starting the selling season with bundled ticket sales and switching to selling single tickets later on. The aim of this practice is to increase the number of customers that buy bundles, which in return increases the load factor of the events with low demand. In this paper, we investigate the effect of time dependent demand on dynam...
Dynamic pricing in airline revenue management
Selcuk, Ahmet Melih; Avşar, Zeynep Müge (2019-10-15)
In this study, an exact Dynamic Programming formulation is developed for price based revenue management in the airline industry. Structural properties of the optimal pricing policy are presented first. Then, the optimal policy is investigated for four different price-demand relationships and the characteristic properties of the airline demand are discussed. Performance of the proposed Dynamic Programming formulation is numerically compared with an alternative approximate approach based on the repeated use o...
Optimal timing of switches between product sales for sports and entertainment tickets
Drake, Matthew J.; Duran, Serhan; Griffin, Paul M.; Swann, Julie L. (Wiley, 2008-02-01)
Like airlines and hotels, sports teams and entertainment venues can benefit from revenue management efforts for their ticket sales. Teams and entertainment venues usually offer bundles of tickets early in their selling horizon and put single-event tickets on sale at a later date; these organizations must determine the best time to offer individual tickets because both types of ticket sales consume the same fixed inventory. We model the optimal a priori timing decision for a seller with a fixed number of ide...
Dynamic pricing for airline revenue management problem with cancellation possibility
Selçuk, Ahmet Melih; Avşar, Zeynep Müge; Department of Operational Research (2014)
In this study, dynamic pricing methods are developed for airline revenue management problem. The bookings for a particular flight are considered in two classes as restricted and flexible bookings representing whether the buyer can claim a refund in case of a cancellation. The different classes of bookings are considered for the same inventory to be sold at different prices. For pricing the restricted bookings, the principle ideas in revenue management literature are adopted to maximize revenues by managing ...
Impact of Resources and Strategies on Construction Company Performance
Isik, Zeynep; Arditi, David; Dikmen Toker, İrem; Birgönül, Mustafa Talat (American Society of Civil Engineers (ASCE), 2010-01-01)
Globalized competition and customer needs forced construction companies to measure their performance beyond the financial measures such as profitability, turnover, etc. As qualitative determinants were added to measurement systems, their investigation and evaluation became a major area of research. In this study, the impact of "resources and capabilities," "strategic decisions," "project management competencies," and "strength of relationships with other parties" on "company performance" was investigated. A...
Citation Formats
IEEE
ACM
APA
CHICAGO
MLA
BibTeX
Y. K. Pakyardım, “Dynamic switching times for season and single tickets in sports and entertainment with time dependent demand rates,” M.S. - Master of Science, Middle East Technical University, 2011.
