Hybrid Algorithm for Ticket Reservation Process in Passenger Rail Transport

4th International Conference on Road and Rail Infrastructure (CETRA 2016)

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Title Hybrid Algorithm for Ticket Reservation Process in Passenger Rail Transport
 
Creator Dragana Macura; Faculty of Transport and Traffic Engineering, University of Belgrade, Railway Engineering
Milica Selmić; Faculty of Transport and Traffic Engineering, University of Belgrade
Dušan Teodorović; Faculty of Transport and Traffic Engineering, University of Belgrade
Milutin Milošević; “Beograd čvor”, Serbia
 
Subject Revenue management; Rail transport with variable capacity; Artificial Neural Network; Payoff table
 
Description Managing tickets reservation process in passenger rail transport is complex task. For solving this kind of task, we develop a hybrid algorithm based on Artificial Neural Network and Payoff table as a decision support tool. The aim of the proposed algorithm is to suggest real time decisions about seat inventory allocations taking into account information from the past. The paper considers the revenue management application in passenger rail transport with variable capacity of sleeping cars. Uncertainty of available capacity is embedded in developed algorithm by Payoff table, while Artificial Neural Network is used as a tool for making real time decisions. We consider nested reservation system, and the algorithm is tested on hypothetical dana.
 
Publisher CETRA 2016
 
Contributor
 
Date 2017-02-28 15:18:01
 
Type Peer-reviewed Paper
 
Identifier http://master.grad.hr/cetra/ocs/index.php/cetra4/cetra2016/paper/view/561
 
Source CETRA 2016; 4th International Conference on Road and Rail Infrastructure
 
Language en
 
Rights Authors who submit to this conference agree to the following terms:<br /> <strong>a)</strong> Authors retain copyright over their work, while allowing the conference to place this unpublished work under a <a href="http://creativecommons.org/licenses/by/3.0/">Creative Commons Attribution License</a>, which allows others to freely access, use, and share the work, with an acknowledgement of the work's authorship and its initial presentation at this conference. <br /> <strong>b)</strong> Submitted full papers will be published in the book of proceedings "Road and Rail Infrastructure IV" as well as in digital form (on a CD). Conference organiser is allowed to publish author's names, institution and country as well as the paper abstract on the conference web site.
 

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