Please use this identifier to cite or link to this item:
http://arks.princeton.edu/ark:/88435/dsp01z890rx09q
Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.advisor | Massey, William | - |
dc.contributor.author | Chen, Midlyn | - |
dc.date.accessioned | 2019-08-16T13:24:31Z | - |
dc.date.available | 2019-08-16T13:24:31Z | - |
dc.date.created | 2019-04-16 | - |
dc.date.issued | 2019-08-16 | - |
dc.identifier.uri | http://arks.princeton.edu/ark:/88435/dsp01z890rx09q | - |
dc.description.abstract | In this paper, we attempt to formulate the hotel revenue maximization as a optimal control problem through queuing theory. We introduce queuing theory thoroughly and describe the applications of queuing theory to a system such as hotels by describing an algorithm that applies to the parameters of a hotel system. We then compare dynamic pricing for hotels to other methods of pricing hotel rooms. | en_US |
dc.format.mimetype | application/pdf | - |
dc.language.iso | en | en_US |
dc.title | Application of Queuing Theory to Hotel Room Pricing | en_US |
dc.type | Princeton University Senior Theses | - |
pu.date.classyear | 2019 | en_US |
pu.department | Operations Research and Financial Engineering | * |
pu.pdf.coverpage | SeniorThesisCoverPage | - |
pu.contributor.authorid | 960906704 | - |
Appears in Collections: | Operations Research and Financial Engineering, 2000-2019 |
Files in This Item:
File | Description | Size | Format | |
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CHEN-MIDLYN-THESIS.pdf | 847.81 kB | Adobe PDF | Request a copy |
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