The Theory and Practice of Revenue Management (International Series in Operations Research & Management Science)

Book Description

The Theory and Practice of Revenue Management is a book that comprehensively covers theory and practice of the entire field, including both quantity and price-based RM, as well as significant coverage of supporting topics such as forecasting and economics. The authors believe such a comprehensive approach is necessary to fully understand the subject. A central objective of the book is to unify the various forms of RM and to link them closely to each other and to the supporting fields of statistics and economics. Nevertheless, the topics and coverage do reflect choices about what is important to understand RM. Hence, the book’s purpose is to provide a comprehensive, accessible synthesis of the state of the art in Revenue Management.

Customer Reviews:

Not a practical book.......2007-09-24

This is certainly a complete theoretical book on revenue management.
But for somebody like me who works on a revenue management system in a car rental company, it is not useful and can lead on the contrary to an overly complicated and impossible to implement system.
In any field there is always the theory and how people adapt it to real world cases and there is often a gap between the two.
There should be another book that shows the complete process (relatively simple cases should be good enough) of building a revenue management system starting from strictly real cases as related by the client, relating in particular the cost of the process and the benefit of the implementation as expressed by the client.
But does the authors have the experience necessary to the writing of such a book?
Jean-Jacques Laublé Eurli Allocar
Strasbourg France

Excellent Book.......2007-07-13

This is first book about Revenue Management that do no try to teach a "cake receipt" or to "adapt" RM from Airlines to Hotels. It's not a manual, it is scientific text that, above all, show the mathematics behind the RM policy. A must have to hotel managers!

A long-awaited, state-of-the-art summary of knowledge.......2004-08-23

The area of Revenue Management (sometimes called yield management) has been developing rapidly over the past decade. All major airlines, car rental companies and hotel chains currently employ Revenue Management systems and profitability of these systems is well documented. Books describing basic concepts of Revenue Management appeared long time ago (see Cross, "Revenue Management: Hard-core Tactics for Profit-making and Market Domination"). Yet, there was no single place to look for the theory behind Revenue Management systems. This long-awaited book represents a concise and up-to-date source of academic knowledge on the theory of Revenue Management as well as implementation aspects. It is a perfect reference for graduate students in Operations Research and for others interested in learning about state of the art in this area.

The Theory and Practice of International Financial Management (Prentice Hall Finance Series)

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The Theory and Practice of International Financial Management (Prentice Hall Finance Series)
Reid W. Click , and Joshua D. Coval
Manufacturer: Prentice Hall
ProductGroup: Book
Binding: Paperback

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Multinational Financial Management

ASIN: 0130204579

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Audit, Accountability and Government
Fidelma White , and Kathryn Hollingsworth
Manufacturer: Oxford University Press, USA
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This book explains, from a public law perspective, the constitutional purpose and significance of audit, a topic which has been largely neglected, and casts light on important aspects of accountability in the British system of government. The book suggests that audit, as an accountability mechanism, has been underplayed to date and that greater significance should be attributed to its role in delivering both democratic accountability and, within government, managerial accountability. The focus of the book is central government audit in Britain, but the constitutional role of audit at a local level and at a European Union level is also considered. The book begins by explaining, in a non -technical way, the basic concepts of accounting and audit, and sets audit in its historical context. The different types of audit and the institutional framework within which audit is conducted are then analysed. Any shortcomings in each area are identified and suggestions for change are explored. The constitutional significance of the changes to the role of audit that are currently taking place are analysed, as are the effects of developments, such as the creation of agencies, contracting-out, and more recently, resource accounting and budgeting and devolution, on the constitutional role of audit. The fundamental principles, both institutional and substantive, of public sector audit are identified and new tasks that audit could fulfil at central government level are proposed.

The History of Corporate Finance: Development of Anglo-American Securities Markets, Financial Practices, Theories and Laws

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The History of Corporate Finance: Development of Anglo-American Securities Markets, Financial Practices, Theories and Laws

Manufacturer: Pickering & Chatto Publishers
ProductGroup: Book
Binding: Hardcover

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Real R & D Options: Theory, Practice and Implementation (Quantitative Finance Series) (Quantitative Finance)

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Real R & D Options: Theory, Practice and Implementation (Quantitative Finance Series) (Quantitative Finance)

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Real R&D options are among the earliest modelled real options, with now ten primary practical uses: general R&D planning, planning R&D in stages, evaluating test information, new product development timing, operations, abandonment, risk sharing, market funding, industry strategy and regulation.

This book was partly motivated by requests to identify and develop real option models for R&D in telecommunications, petroleum technology and biotechnology. Nine new models cover information and implementation costs, analytical solutions for mean reverting, or fat tailed revenues, endogenous learning and exogenous and experiential shocks, American sequential options, and innovator advantages. Four new applications include forward start development options, exploration options, innovation with information costs, and innovator's real values with changing market share.

R&D directors and researchers will find several uses for these models:
· general R&D planning
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*A practical guide to how organizations can use Real Option techniques to effectively value research and development by companies
*Provides a rigorous theoretical underpinning of the use of Real Option techniques
*Real Options applications are orientated around the economies of North America, Europe and Asia, for an international perspective

CIMA's scientific activities bridge the gap between management accounting theory and practice.(IN BUSINESS)(Chartered Institute of Management Accountants): An article from: Financial Management (UK)

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CIMA's scientific activities bridge the gap between management accounting theory and practice.(IN BUSINESS)(Chartered Institute of Management Accountants): An article from: Financial Management (UK)
John Coghlan
Manufacturer: Thomson Gale
ProductGroup: Book
Binding: Digital

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This digital document is an article from Financial Management (UK), published by Thomson Gale on October 1, 2006. The length of the article is 557 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: CIMA's scientific activities bridge the gap between management accounting theory and practice.(IN BUSINESS)(Chartered Institute of Management Accountants)
Author: John Coghlan
Publication: Financial Management (UK) (Magazine/Journal)
Date: October 1, 2006
Publisher: Thomson Gale
Page: 1(1)

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Financial Management: Theory and Practice, by Brigham, 10th International Edition

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Financial Management: Theory and Practice, by Brigham, 10th International Edition
Michael C. Ehrhardt Eugene F. Brigham
Manufacturer: South-Western Educational Publishing
ProductGroup: Book
Binding: Paperback
ASIN: B000O96R1I

The Theory and Practice of International Financial Management

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The Theory and Practice of International Financial Management
Joshua D. Coval (Author) by Reid W. Click (Author)
ProductGroup: Book
Binding: Paperback

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US ISBN: 0130204579

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The Theory and Practice of International Financial Management
Reid W. Click
Manufacturer: Prentice Hall
ProductGroup: Book
Binding: Hardcover
ASIN: B000MUX5X2

Customer Reviews:

A readable book for buyers.......2003-10-18

It is quite worthwhile for the buyers to read this book, as most words in this book are talking to the buyers. After reading this book, you will probably know how important for you to have a team of good negotiators who understand your firm¡¦ true needs and can be quicker to determine if the other party can be trusted or not, and act accordingly in order to maintain a win-win situation for both your firm and suppliers.

This book also gives some effective and interesting ideas to tell readers how to deal with the relationship between buyers and sellers. For instance, the author uses a game called ¡§Red-Blue¡¨ to explain the importance of trust between buyers and sellers. The implication of this game is that if both parties want to have a win-win situation to their relationship, they must trust each other until the end of the relationship. Otherwise, there must be a win-lose situation.

Another useful idea for handling buyer-seller relationship is called ¡§Touch-point management¡¨, that is a logical way to create guidelines for managing the relationship processes and defining preferential problem-solving treatment to preferred suppliers. By using this approach, you can make sure that each touch-point between you and your suppliers will be in control because each touch-point will be assigned to different managers who are responsible to deal with all the matters of their assigned touch-points.

However, there is a drawback on this book, personally, I think that the wordings of this book are not easy to understand. For some complicated points, even the authors have tried their best to provide many diagrams to illustrate them, but it still requires much effort so as to understand them.

Amazon.com

We're closing in on the 150th anniversary of Darwin's Origin of Species, but clearly not closing in on any resolution of the debates that the book stirred up between science and religion. In this slim volume, physicist and theologian Ian Barbour summarizes his own decades-long accumulation of knowledge in these two arenas. Writing with clarity and a scientist's eye for organization, Barbour takes on the scientific and theological significance of the big questions: the big bang, quantum physics, Darwin and Genesis, human nature (the question of determinism), and the relationship between a free God and a law-bound universe. In each chapter, Barbour recognizes four possible ways of responding to the dilemmas posed by these topics: conflict, represented by Biblical literalists and atheists, both of whom agree that a person cannot believe in both God and evolution; independence, which asserts that "science and religion are strangers who can coexist as long as they keep a safe distance from each other"; dialogue, which invites a conversation between the two fields; and integration, which moves beyond dialogue to explore ways in which the two fields can inform each other. Barbour notes that his own sympathies lie with dialogue and integration.

Barbour won the 1999 Templeton Prize for his role in advancing the study of science and religion. "No contemporary has made a more original, deep, and lasting contribution toward the needed integration of scientific and religious knowledge and values," John Cobb has written of Barbour. This book is perhaps the best entry point into Barbour's work. --Doug Thorpe

Book Description

The Definitive Introduction To

The Relationship Between

Religion And Science

• In The Beginning: Why Did the Big Bang Occur?

• Quantum Physics: A Challenge to Our Assumptions About Reality?

• Darwin And Genesis: Is Evolution God's Way of Creating?

• Human Nature: Are We Determined by Our Genes?

• God And Nature: Can God Act in a Law–Bound World?

Over the centuries and into the new millennium, scientists, theologians, and the general public have shared many questions about the implications of scientific discoveries for religious faith. Nuclear physicist and theologian Ian Barbour, winner of the 1999 Templeton Prize for Progress in Religion for his pioneering role in advancing the study of religion and science, presents a clear, contemporary introduction to the essential issues, ideas, and solutions in the relationship between religion and science. In simple, straightforward language, Barbour explores the fascinating topics that illuminate the critical encounter of the spiritual and quantitative dimensions of life.

Customer Reviews:

An excellent book.......2007-03-19

This book covers a difficult topic with detail, logic an openness, and really makes you think!

An Accessible Overview of Key Issues.......2006-05-22

When Science Meets Religion: Enemies, Strangers, or Partners?, involves what Holmes Rolston, III, fittingly describes as a distillation of "a lifetime of thinking about how science and religion relate." As dean of and senior statesman for the science and religion discussion, Barbour draws together, in a user-friendly way, a variety of critical issues in that conversation. The book is "intended as an introduction to the field," says the author, and the book is "briefer and more accessible than my early writings."

That Barbour is capable of pulling off a project of this magnitude will come as no surprise to those acquainted with his work. Barbour, the Winifred and Atherton Bean Professor Emeritus of Science, Technology and Society at Carleton College in Northfield, Minnesota, launched the current era in the dialogue between science and religion thirty-five years ago with his groundbreaking book, Issues in Science and Religion.

Since the release of that publication, Barbour's works have become standard texts for those both inside and outside the interdisciplinary science and religion discussion. In 1999, this physicist and theologian won the Templeton Prize for Progress in Religion.

What makes When Science Meets Religion different from Barbour's previous books is the innovative method he uses to explore the pertinent material, most of which has been addressed in earlier writing. In the book's opening chapter, Barbour explains varying way that science and religion are considered to be related using his now classic four-fold typology (conflict, independence, dialogue, and integration). He then applies this typology in subsequent chapters to discuss (1) astronomy and creation, (2) quantum physics, (3) evolution and continuing creation, (4) genetics, neuroscience, and human nature, and (5) God's action in nature.

While the majority of the book's space is devoted to summaries and explanations, Barbour's novel use of his typology results in a book more apologetic in tone than books he has previously authored. In particular, Barbour gives reasons for disagreeing with the "conflict" thesis type, and, although pointing out valid themes in the independence type, he also does not accept the "independence" conclusions. The proposals he does appreciate fit appropriately in the "dialogue" and "integrationist" types. Barbour believes, then, that the preferred answer to the book's subtitle "Enemies, Strangers, or Partners?" is that science and religion are best understood as capable of a mutually enriching partnership.

Barbour calls his own theory for how science and religion best "meet" a "theology of nature." "Proponents of a theology of nature," he explains, "draw extensively from a historic tradition and a worshipping community, but they are willing to modify some traditional assertions in response to the findings of science." He cautiously uses notions from process philosophy, among other integrationist theories, to construct this theology of nature hypothesis.

The chapter summaries provide readers with glimpses into Barbour's personal conclusions on matters central to the science and religion discussion. With regard to astronomy and creation, Barbour notes that, "at the moment, a singular Big Bang seems the most plausible theory, and the theist can see it as a moment of divine initiation." However, he cautions, "we should not tie our religious beliefs irrevocably to one theory."

In summarizing his discussion of genetics, neuroscience, and human nature, Barbour contends that "both recent theology and recent science support a view of the person as a multilevel psychosomatic unity who is at the same time a biological organism and a responsible self." That both religious and scientific theories are able to support such a view provides grounding for further work in these general areas.

In the final chapter, in which conceptions pertaining to God's relation and activity in nature are addressed, Barbour returns, at least implicitly, to issues explored in previous chapters.

John B. Cobb, Jr., in his citation nominating Barbour for the Templeton Prize for Progress in Religion that Barbour subsequently won, said that "no contemporary has made a more original, deep and lasting contribution toward the needed integration of scientific and religious knowledge and values than Ian G. Barbour. With respect to the breadth of topics and fields brought into this integration, Barbour has no equal." Barbour's latest contribution, When Science Meets Religion: Enemies, Strangers, or Partners?, provides further confirmation for Cobb's true statement.

Thomas Jay Oord

Process this . . ........2003-08-13

When Science Meets Religion is the winner of the Templeton Prize for advancing religious understanding. As a humanist, this topic is always of interest to me, and I found Barbour's view on process theology most interesting. The typology of the book was such that four "topics" were discussed in each chapter with respect to the "view" being discussed: Conflict, Independence, Dialogue, and Integration. So, for instance Astronomy and Creation are "analyzed" from those four points, as are the other major sticking points between science and religion.

Barbour seems to treat each position with respect and objectivity and clearly states his own position so that the reader is not required to "guess" where he is coming from in his own thinking. For example, in chapter five (Genet6ics, Neuroscience, and Human Nature) Barbour states clearly the "I will defend an integral view of the person as a psychosomatic unity, which I believe is closer to both the biblical view and the evidence from contemporary science." And so it goes through all the major topics of the book. And, in the next to the last paragraph, we have this conclusion: "Finally, I find the concepts of process philosophy particularly helpful, but I am aware that a single coherent set of philosophical categories may not do justice to the rich diversity of human experience."

In the end, Barbour has not convinced me to leave off my Humanist views, but he has indeed given me the framework I need to understand the need for others to use a religious model to express their sense of unity with all the Cosmos. As he so eloquently explains, all models are limited and partial, and none gives a complete or adequate picture of reality. So it is just a matter of where you wish to put your faith when it comes to understanding your own place in that infinity. One can put faith in science eventually giving us answers to the major questions we have or one can put faith in religion explaining the mysteries. Whichever system one chooses, one must keep in mind that no one model fulfills all needs or answers all questions.

From the Foreword:
"Quantum Physics: A Challenge to Our Assumptions about Reality?
Classical physics was deterministic and reductionistic in assuming that the behavior of all objects could be exactly predicted from accurate knowledge of their smallest components. Quantum physics, by contrast, acknowledges an inherent uncertainty in the prediction of events at the atomic and subatomic levels. It is also holistic in showing that the behavior of larger wholes is not simply the sum of the behavior of their parts, but involves distinctive system laws. More over, the quantum world can never be known as it is in itself, but only as it interacts with the observer in a particular experimental system. Quantum physics thus suggests the openness of the future, the inter connectedness of events, and the limitations of human knowledge. Some theistic interpreters propose that God determines the indeterminacies left open by the laws of quantum physics. Advocates of Eastern mysticism say that quantum holism supports their belief in the fundamental unity of all things. The new physics has led scientists, philosophers, and theologians to exciting discussions about time, causality, and the nature of reality."

Is there a physicist in the house?.......2002-05-14

Plain and simple. There is some thought-provoking points made in this book. But there are some difficulties for the average reader to comprehend.

When science meets religion.......2002-02-14

Barbour is known for his expertise involving the connection between science/religion. As a student of both science and theology I highly recommend this text. The only flaw in this treatise is the material covered is limited. For a more complete text I suggest Barbour's " Science and Religion: Historical and contemporary issues."

When Science Meets Religion: Enemies, Strangers or Partners?

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When Science Meets Religion: Enemies, Strangers or Partners?
Ian Barbour
Manufacturer: Society for promoting Christian knowledge
ProductGroup: Book
Binding: Paperback
ASIN: B000ORSTUW

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