Resource and Revenue Management in Nonprofit Operations

Resource and Revenue Management in Nonprofit Operations

Nonprofit firms sometimes engage in for-profit activities with the sole purpose of generating revenue to subsidize their mission activities. The organization is then confronted with a consumption vs. investment trade-off. Investment corresponds to the allocation of capacity for revenue customers, while consumption corresponds to serving mission customers. We model this problem as a multi-period...

Sequential Resource Allocation for Nonprofit Operations

This paper studies a sequential resource allocation problem motivated by distribution operations of a nonprofit organization. The alternate objectives that arise in nonprofit, as opposed to commercial, operations lead to new variations on traditional problems in operations research and inventory management. Specifically, we consider the problem of distributing a scarce resource to meet sequenti...

Revenue Management in Resource Exchange

A single-resource revenue management problem with random resource consumptions

We study a single-resource multi-class revenue management problem where the resource consumption for each class is random and only revealed at departure. The model is motivated by cargo revenue management problems in the airline and other shipping industries. We study how random resource consumption distribution affects the optimal expected profit and identify a preference acceptance order on c...

Advance Reservation and Revenue-based Resource Management for Grid Systems

In most Grid systems, submitted jobs are initially placed into a queue if there are no available compute nodes. Therefore, there is no guarantee as to when these jobs will be executed. This usage policy may cause a problem for time-critical applications or task graphs where jobs have inter-dependencies. To address this issue, using advance reservation (AR) in Grid systems would allow users to s...