Recently, revenue management has become popular in many industries such
as the airline, the supply chain, and the transportation industry. Decision
makers realize that even small improvements in their operations can have a
significant impact on their profits. Nevertheless, determining pricing and inventory
optimal policies in more realistic settings may not be a tractable task.
Ignoring the potential inaccuracy of parameters may lead to a solution that
actually performs poorly, or even that violates some constraints. Finally, competitors
impact a suppliers best strategy by influencing her...