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- '''Total revenue''' is the total receipts a seller can obtain from selling goods or services ...rket price, while at any higher price no one would buy any quantity. Total revenue equals the market price times the quantity the firm chooses to produce and ...6 KB (894 words) - 17:55, 20 June 2024
- ...r Expected Marginal Seat Revenue and is a very popular [[heuristic]] in [[Revenue Management]]. There are two versions: EMSRa<ref>Belobaba, P. P., Air Travel {{DEFAULTSORT:Expected Marginal Seat Revenue}} ...6 KB (925 words) - 17:46, 31 January 2023
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- '''TRevPAR''', or total revenue per available room, is a performance metric in the hotel industry. TRevPAR ...agers?|url=http://www.revparguru.com/trevpar-the-most-effective-metric-for-revenue-managers/|website=RC Solutions|publisher=REVPAR GURU|accessdate=25 February ...2 KB (230 words) - 02:01, 29 March 2024
- ...a hotel than the most commonly used [[RevPAR]] as it not only considers [[revenue]]s generated, but also factors in operational costs related with such reven GOPPAR is the total revenue of the hotel less expenses incurred earning that revenue, divided by the available rooms. ...2 KB (258 words) - 14:29, 1 February 2024
- '''Total revenue''' is the total receipts a seller can obtain from selling goods or services ...rket price, while at any higher price no one would buy any quantity. Total revenue equals the market price times the quantity the firm chooses to produce and ...6 KB (894 words) - 17:55, 20 June 2024
- The earliest [[revenue management]] model is known as '''Littlewood’s rule''', developed by Ken Li ...source quantity-based RM model.<ref>Pak, K. and N. Piersma (2002). Airline Revenue Management: An overview of OR Techniques 1982–2001. Rotterdam, Erasmus univ ...3 KB (497 words) - 04:34, 6 May 2021
- ...Robinson|1932|p=544–554}} describes the relation between price, [[marginal revenue]], and [[price elasticity of demand]]. *<math>\scriptstyle \frac{\partial R}{\partial x}</math> is the [[marginal revenue]], ...2 KB (210 words) - 00:06, 17 September 2023
- ...540 |pages=156}}</ref> It is used to smooth out fluctuations in reported [[revenue]] due to contracts that take a long time to complete. It is calculated by t ...ar. To avoid these fluctuations in the reported profits and to reflect the revenue in the [[accounting period]] during which the activity is undertaken, the p ...2 KB (242 words) - 04:52, 19 December 2024
- ...''profit extraction mechanism''' (also called '''profit extractor''' or '''revenue extractor''') is a [[truthful mechanism]] whose goal is to win a pre-specif ...his movie. A possible approach is for the producer to decide on a certain revenue, R, that he wants to make. Then, the ''R-profit-extractor'' works in the fo ...6 KB (921 words) - 00:00, 14 January 2021
- ...s a property of probability distributions used in [[auction theory]] and [[revenue management]]. Examples of distributions that satisfy this condition include === Concavity of revenue in quantile space === ...6 KB (837 words) - 05:47, 27 December 2023
- or "marginal revenue" = "marginal cost". ...that marginal cost equals marginal revenue. A competitive firm's marginal revenue is the price it gets for its product, and so it will equate marginal cost t ...3 KB (501 words) - 08:21, 23 March 2021
- ...ement a '''shutdown''' of [[Production (economics)|production]] when the [[revenue]] received from the sale of the [[goods and services|goods or services]] pr ...ing positive level of output. Producing anything would not generate enough revenue to offset the associated variable costs; producing some output would add fu ...13 KB (2,138 words) - 17:08, 6 December 2023
- ...come attributable'' is used in [[United States Code|U.S. Code]] [[Internal Revenue Code|Title 26]], § 408 (d)(4)(C)<ref>{{Cite web|url=https://www.l ...3 KB (412 words) - 21:18, 14 March 2022
- ...iff, which is often seen as an opportunity for other companies to generate revenue from selling [[Generic drug|generic]] or similar products. ...3 KB (446 words) - 06:33, 4 August 2024
- ...[[Generally accepted accounting principles|GAAP]] allows another method of revenue recognition for long-term construction contracts, the [[completed-contract ...etion method: Cost percentage = 3000/10000 = 30%; so we will recognize 30% revenue in the income statement for the first year. ...6 KB (872 words) - 05:45, 30 November 2023
- * Higher levels of taxation on the rich create revenue that can be used to redistribute to the poor, which raises social welfare b ...anical effect'' is the effect that the tax change would have on government revenue, if no individuals changed their behaviour in response. For a tax increase, ...10 KB (1,526 words) - 22:08, 16 February 2025
- ...te conference|doi=10.1145/2591796.2591867|chapter=The sample complexity of revenue maximization|title=Proceedings of the 46th Annual ACM Symposium on Theory o * For a <math>1/4</math>-approximation of the optimal expected revenue, the sample-complexity is <math>1</math> - a single sample suffices. This i ...8 KB (1,127 words) - 09:28, 11 January 2024
- ...=r13>{{cite web | url=http://theory.stanford.edu/~tim/f13/l/l5.pdf | title=Revenue-Maximizing Auctions | accessdate=19 July 2016 | author=Tim Roughgarden | ye ...to buy the item is <math>1-F(p)</math>, and if this happens, the seller's revenue will be <math>p</math>. ...18 KB (2,825 words) - 11:27, 9 December 2024
- ...r Expected Marginal Seat Revenue and is a very popular [[heuristic]] in [[Revenue Management]]. There are two versions: EMSRa<ref>Belobaba, P. P., Air Travel {{DEFAULTSORT:Expected Marginal Seat Revenue}} ...6 KB (925 words) - 17:46, 31 January 2023
- ...slots is given by: <math>SW=\sum_i \alpha_i v_i.</math> The expected total revenue is given by: <math>TR=\sum_i \alpha_i p_i.</math> ...ing bid vector <math>(b_1, \dots, b_n)</math>. Further, the expected total revenue in any locally-envy free equilibrium is at least as high as in the (truthfu ...10 KB (1,590 words) - 19:32, 9 September 2024
- ...on of debts owed by Southerners to Northerners failed to raise substantial revenue. The subsequent issuance of [[government debt]] and substantial printing of ...or the South the same share was only about 8%. Much of the reason that tax revenue did not play as large a role for the Confederacy was the individual states' ...20 KB (3,018 words) - 01:41, 21 August 2024
- ...buy the item; if the price is too low, many people will buy but the total revenue will be low. The optimal price of the movie depends on the ''valuations'' o ...2 KB (391 words) - 12:55, 14 August 2024