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Economic design of CUSUM and EWMA control chairs for Indian RMC industry
(2012-09-08)
The design of a control chart has economic c
onsequences, in which the costs of sampling and testing, costs
associated with investigating out of control signals and possibly correcting assignable causes, ...
A passenger revenue management system (RMS) for a national railway in an emerging Asian economy
(Journal of Revenue & Pricing Management, 2012)
In this article, we provide the mathematical model for a Revenue Management System that consists of an optimizer, a simulator and a forecaster, and implement these systems on the National Railway of an Emerging Asian Economy ...