TABLE 2
FROM:
Incorporating competitive price information into revenue management
Dan Zhang and Royce Kallesen
BACK TO ARTICLETable 2. Mean revenues with corresponding half-widths for 95 per cent confidence intervals over 500 simulation runs and percentage revenue differences from EMSRb/EMSRb revenues
| EMSRb/EMSRb | EMSRb/HDP | EMSRb/Matching | EMSRbMDP | |||||
|---|---|---|---|---|---|---|---|---|
| High | (19,995, 131) | (19,919, 139) | (22,296, 72) | (22,717, 516) | (20,006, 138) | (19,912, 138) | (19,951, 132) | (21,748, 233) |
| Medium | (18,403, 217) | (18,447, 215) | (18,740, 210) | (19,227, 326) | (18,381, 216) | (18,469, 214) | (18,392, 214) | (18,639, 229) |
| Low | (14,848, 270) | (14,929, 268) | (14,905, 273) | (14,900, 268) | (14,851, 270) | (14,926, 267) | (14,845, 270) | (14,932, 267) |
| High | — | — | 11.51% | 14.05% | 0.06% | -0.04% | -0.22% | 9.18% |
| Medium | — | — | 1.83% | 4.23% | -0.12% | 0.12% | -0.06% | 1.04% |
| Low | — | — | 0.38% | -0.19% | 0.02% | -0.02% | -0.02% | 0.02% |