{"id":4487,"date":"2022-05-27T17:12:03","date_gmt":"2022-05-27T09:12:03","guid":{"rendered":"https:\/\/siacorplab.nus.edu.sg\/?p=4487"},"modified":"2023-03-24T10:37:21","modified_gmt":"2023-03-24T02:37:21","slug":"sharing-session-6-revenue-management-the-three-body-problem","status":"publish","type":"post","link":"https:\/\/siacorplab.nus.edu.sg\/sharing-session-6-revenue-management-the-three-body-problem\/","title":{"rendered":"Sharing Session #6 &#8211; Revenue Management: The Three-Body Problem"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"4487\" class=\"elementor elementor-4487\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-53628ea elementor-section-full_width elementor-section-height-min-height elementor-section-height-default elementor-section-items-middle\" data-id=\"53628ea\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7640c85\" data-id=\"7640c85\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-47bf00c elementor-widget elementor-widget-heading\" data-id=\"47bf00c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Revenue Management: The Three-Body Problem<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e44063a elementor-widget elementor-widget-heading\" data-id=\"e44063a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Sharing Session #6<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0b86b86 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0b86b86\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5d88b76\" data-id=\"5d88b76\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d9384b1 elementor-widget elementor-widget-spacer\" data-id=\"d9384b1\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6507c0d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6507c0d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6b20c4e\" data-id=\"6b20c4e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dd1661a elementor-widget elementor-widget-image\" data-id=\"dd1661a\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1454\" height=\"686\" src=\"https:\/\/siacorplab.nus.edu.sg\/wp-content\/uploads\/2022\/05\/6-1.png\" class=\"attachment-2048x2048 size-2048x2048 wp-image-4495\" alt=\"\" srcset=\"https:\/\/siacorplab.nus.edu.sg\/wp-content\/uploads\/2022\/05\/6-1.png 1454w, https:\/\/siacorplab.nus.edu.sg\/wp-content\/uploads\/2022\/05\/6-1-300x142.png 300w, https:\/\/siacorplab.nus.edu.sg\/wp-content\/uploads\/2022\/05\/6-1-1024x483.png 1024w, https:\/\/siacorplab.nus.edu.sg\/wp-content\/uploads\/2022\/05\/6-1-768x362.png 768w\" sizes=\"(max-width: 1454px) 100vw, 1454px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-82c4c07 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"82c4c07\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f182d7a\" data-id=\"f182d7a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b6fc9bc elementor-widget elementor-widget-spacer\" data-id=\"b6fc9bc\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c542254 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c542254\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4779cea\" data-id=\"4779cea\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7efafe3 elementor-widget elementor-widget-text-editor\" data-id=\"7efafe3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<table width=\"604\"><tbody><tr><td width=\"65\">Title<\/td><td width=\"539\">Revenue Management: The Three-Body Problem<\/td><\/tr><tr><td width=\"65\">Presenter<\/td><td width=\"539\">Dr Kong Chung Wai<br \/>Senior Manager, Revenue Technology, Singapore Airlines<br \/>Principal Investigator of WP1, SIA-NUS Digital Aviation Corp Lab<\/td><\/tr><tr><td width=\"65\">Date<\/td><td width=\"539\">27 May 2022, Friday<\/td><\/tr><tr><td width=\"65\">Sypnosis<\/td><td width=\"539\">Revenue Management (RM) has been thrown into disarray with the onset of covid. Here, we review 3 of our key challenges \u2013 what to forecast (covid-related), price optimisation and lastly, addressing the short-term \u201cgreediness\u201d of RM. The latter is a new area with little to no research that we have seen. <br \/>In this presentation, we share some of the observations from our own experiments in the latter two areas and what we hope to see and achieve in the longer term.<\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e20d58c elementor-widget elementor-widget-spacer\" data-id=\"e20d58c\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Revenue Management: The Three-Body Problem Sharing Session #6 Title Revenue Management: The Three-Body Problem Presenter Dr Kong Chung WaiSenior Manager, Revenue Technology, Singapore AirlinesPrincipal Investigator of WP1, SIA-NUS Digital Aviation Corp Lab Date 27 May 2022, Friday Sypnosis Revenue Management (RM) has been thrown into disarray with the onset of covid. Here, we review 3 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":4493,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[30],"tags":[],"class_list":["post-4487","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technical-sharing-session"],"acf":[],"_links":{"self":[{"href":"https:\/\/siacorplab.nus.edu.sg\/wp-json\/wp\/v2\/posts\/4487"}],"collection":[{"href":"https:\/\/siacorplab.nus.edu.sg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/siacorplab.nus.edu.sg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/siacorplab.nus.edu.sg\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/siacorplab.nus.edu.sg\/wp-json\/wp\/v2\/comments?post=4487"}],"version-history":[{"count":10,"href":"https:\/\/siacorplab.nus.edu.sg\/wp-json\/wp\/v2\/posts\/4487\/revisions"}],"predecessor-version":[{"id":4958,"href":"https:\/\/siacorplab.nus.edu.sg\/wp-json\/wp\/v2\/posts\/4487\/revisions\/4958"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/siacorplab.nus.edu.sg\/wp-json\/wp\/v2\/media\/4493"}],"wp:attachment":[{"href":"https:\/\/siacorplab.nus.edu.sg\/wp-json\/wp\/v2\/media?parent=4487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/siacorplab.nus.edu.sg\/wp-json\/wp\/v2\/categories?post=4487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/siacorplab.nus.edu.sg\/wp-json\/wp\/v2\/tags?post=4487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}