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An Integrated Problem of p-Hub Location and Revenue Management with Multiple Capacity Levels under Disruptions
Joint Authors
Huo, Jiazhen
Hou, Yan-Ting
Chu, Feng
Source
Journal of Advanced Transportation
Issue
Vol. 2019, Issue 2019 (31 Dec. 2019), pp.1-14, 14 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2019-04-01
Country of Publication
Egypt
No. of Pages
14
Main Subjects
Abstract EN
This paper considers an integrated hub location and revenue management problem in which a set of capacities is available from which one can be chosen for each hub and the disruption is considered in a star-star shaped airline network.
We propose a two-stage stochastic programming model to maximize the profit of the network in which the cost of installing the hubs at different levels of capacities, the transportation cost, and the revenue obtained by selling airline tickets are considered.
To provide flexible solutions, a hybrid two-stage stochastic programming-robust optimization model is developed by putting relative emphasis on a weighted sum of profit maximization.
Furthermore, a sample average approximation approach is used for solving the stochastic programming formulation and a genetic algorithm approach is applied for both formulations.
Numerical experiments are conducted to verify the mathematical formulations and compare the performance of the used approaches.
American Psychological Association (APA)
Hou, Yan-Ting& Huo, Jiazhen& Chu, Feng. 2019. An Integrated Problem of p-Hub Location and Revenue Management with Multiple Capacity Levels under Disruptions. Journal of Advanced Transportation،Vol. 2019, no. 2019, pp.1-14.
https://search.emarefa.net/detail/BIM-1169636
Modern Language Association (MLA)
Hou, Yan-Ting…[et al.]. An Integrated Problem of p-Hub Location and Revenue Management with Multiple Capacity Levels under Disruptions. Journal of Advanced Transportation No. 2019 (2019), pp.1-14.
https://search.emarefa.net/detail/BIM-1169636
American Medical Association (AMA)
Hou, Yan-Ting& Huo, Jiazhen& Chu, Feng. An Integrated Problem of p-Hub Location and Revenue Management with Multiple Capacity Levels under Disruptions. Journal of Advanced Transportation. 2019. Vol. 2019, no. 2019, pp.1-14.
https://search.emarefa.net/detail/BIM-1169636
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1169636