APPLYING REVENUE MANAGEMENT IN TEHRAN - MASHHAD ROUTE, GHAZAL TRAINS

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POURSEYED AGHAIEI M.; KHEDMATLOU S.; AZARMI SIAVASH

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

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Journal: Advances in Industrial Engineering Year:2009 | Volume:43 | Issue:1 Page(s): 1-11

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Title

APPLYING REVENUE MANAGEMENT IN TEHRAN - MASHHAD ROUTE, GHAZAL TRAINS

Author(s)

POURSEYED AGHAIEI M. | KHEDMATLOU S. | AZARMI SIAVASH | Issue Writer Certificate

Keywords

REVENUE MANAGEMENTQ2

YIELD MANAGEMENTQ3

RAIL WAYQ3

EMSR-BQ3

STATIC MULTIPLE CLASSQ3

VALUE FUNCTIONQ3

Abstract

REVENUE MANAGEMENT is the process of accepting or ordering which increases gained revenue by using different techniques of pricing and selling capacity. This technique has improved greatly in service sector specially passenger section. In this article, the process of selling ticket in Tehran - Mashhad route for Ghazal passenger train is modeled by two methods: static multi class and heuristic EMSR-B that is one of the REVENUE MANAGEMENT models. Finally both models are run 30000 times and the results in comparison with current revenue show potential for 8 to 10 billion Rial increase in revenue annually which is very economic even by taking into consideration the costs of implementing the project. By deeper studies especially in the field of network models for REVENUE MANAGEMENT, it is possible to increase the revenue in the whole network of Ghazal passenger trains.

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APA: Copy

POURSEYED AGHAIEI, M., KHEDMATLOU, S., & AZARMI, SIAVASH. (2009). APPLYING REVENUE MANAGEMENT IN TEHRAN - MASHHAD ROUTE, GHAZAL TRAINS. ADVANCES IN INDUSTRIAL ENGINEERING (JOURNAL OF INDUSTRIAL ENGINEERING), 43(1), 1-11. SID. https://sid.ir/paper/166408/en

Vancouver: Copy

POURSEYED AGHAIEI M., KHEDMATLOU S., AZARMI SIAVASH. APPLYING REVENUE MANAGEMENT IN TEHRAN - MASHHAD ROUTE, GHAZAL TRAINS. ADVANCES IN INDUSTRIAL ENGINEERING (JOURNAL OF INDUSTRIAL ENGINEERING)[Internet]. 2009;43(1):1-11. Available from: https://sid.ir/paper/166408/en

IEEE: Copy

M. POURSEYED AGHAIEI, S. KHEDMATLOU, and SIAVASH AZARMI, “APPLYING REVENUE MANAGEMENT IN TEHRAN - MASHHAD ROUTE, GHAZAL TRAINS,” ADVANCES IN INDUSTRIAL ENGINEERING (JOURNAL OF INDUSTRIAL ENGINEERING), vol. 43, no. 1, pp. 1–11, 2009, [Online]. Available: https://sid.ir/paper/166408/en

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