An Integrated Problem of p-Hub Location and Revenue Management with Multiple Capacity Levels under Disruptions
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 t...
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Wiley
2019-01-01
|
| Series: | Journal of Advanced Transportation |
| Online Access: | http://dx.doi.org/10.1155/2019/1812543 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1832558780644065280 |
|---|---|
| author | Yan-Ting Hou Jia-Zhen Huo Feng Chu |
| author_facet | Yan-Ting Hou Jia-Zhen Huo Feng Chu |
| author_sort | Yan-Ting Hou |
| collection | DOAJ |
| description | 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. |
| format | Article |
| id | doaj-art-1f482250f9c443e789463861ea03fc96 |
| institution | Kabale University |
| issn | 0197-6729 2042-3195 |
| language | English |
| publishDate | 2019-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Journal of Advanced Transportation |
| spelling | doaj-art-1f482250f9c443e789463861ea03fc962025-02-03T01:31:36ZengWileyJournal of Advanced Transportation0197-67292042-31952019-01-01201910.1155/2019/18125431812543An Integrated Problem of p-Hub Location and Revenue Management with Multiple Capacity Levels under DisruptionsYan-Ting Hou0Jia-Zhen Huo1Feng Chu2School of Economics and Management, Tongji University, Shanghai 200092, ChinaSchool of Economics and Management, Tongji University, Shanghai 200092, ChinaLaboratory IBISC, Univ Evry, Université Paris-Saclay, Evry 91025, FranceThis 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.http://dx.doi.org/10.1155/2019/1812543 |
| spellingShingle | Yan-Ting Hou Jia-Zhen Huo Feng Chu An Integrated Problem of p-Hub Location and Revenue Management with Multiple Capacity Levels under Disruptions Journal of Advanced Transportation |
| title | An Integrated Problem of p-Hub Location and Revenue Management with Multiple Capacity Levels under Disruptions |
| title_full | An Integrated Problem of p-Hub Location and Revenue Management with Multiple Capacity Levels under Disruptions |
| title_fullStr | An Integrated Problem of p-Hub Location and Revenue Management with Multiple Capacity Levels under Disruptions |
| title_full_unstemmed | An Integrated Problem of p-Hub Location and Revenue Management with Multiple Capacity Levels under Disruptions |
| title_short | An Integrated Problem of p-Hub Location and Revenue Management with Multiple Capacity Levels under Disruptions |
| title_sort | integrated problem of p hub location and revenue management with multiple capacity levels under disruptions |
| url | http://dx.doi.org/10.1155/2019/1812543 |
| work_keys_str_mv | AT yantinghou anintegratedproblemofphublocationandrevenuemanagementwithmultiplecapacitylevelsunderdisruptions AT jiazhenhuo anintegratedproblemofphublocationandrevenuemanagementwithmultiplecapacitylevelsunderdisruptions AT fengchu anintegratedproblemofphublocationandrevenuemanagementwithmultiplecapacitylevelsunderdisruptions AT yantinghou integratedproblemofphublocationandrevenuemanagementwithmultiplecapacitylevelsunderdisruptions AT jiazhenhuo integratedproblemofphublocationandrevenuemanagementwithmultiplecapacitylevelsunderdisruptions AT fengchu integratedproblemofphublocationandrevenuemanagementwithmultiplecapacitylevelsunderdisruptions |