Economic value and revenue management systems : an integrated business management model /: an integrated business management model. ([2019])

• Record Type: Book
• Further Information: Note: Alessandro Capocchi.
• Authors: Capocchi, Alessandro
• Contents: Intro; Preface; Acknowledgments; Contents; List of Figures; List of Tables; 1: Starting and Running a Business; From a Sharing to a Contamination Economy; Business and Entrepreneurship; The Entrepreneur; Entrepreneurship; Innovation and Entrepreneurship; New Entrepreneurship in Italy; Enki Stove: An Italian Start-up; References; 2: Time in Entrepreneurship; The Economic Business Cycle; The Meaning of Price; Management Operations; Measurement of the Management System; The Life Cycle of a Company: Accounting Period; The Time Dimension in Management Operations; References 3: Entrepreneurship, Business Cycle, and Creation of ValueAccounting and Managerial Tools; The Financial and Economic Dimensions; The Output of General Accounting: Financial Statements; The Balance Sheet; How to Read the Balance Sheet; Profit and Loss Statement; References; 4: The Short-Term Measurement of the Creation of Value: The Importance of Technical Efficiency; Creation of Economic Value: Profitability; The Technical Dimension of Business: Production Capacity and Productivity; Technical Efficiency and Economic Efficiency; The Relationship Between Volumes, Costs, Prices, and Revenues The Origins of Kreislauf: Marginalist TheoryJohn Maurice Clark and the Division Between Fixed and Variable Costs; References; 5: The Impact of Technical Inefficiency on Business Management; The Illusion of Low Cost; The Importance of the Warehouse in the Business-Economics Dimension; Overbooking: A Virtual Warehouse; Case Study; References; 6: Revenue Management from a Business-Economics Perspective; From Technical Efficiency to an RM System; The Definition of RM; The Principles of RM; The Cannibalization Effect; The Implementation of RM Systems; References; Recommended Readings 7: Revenue Management Systems Based on Dynamic PricingPricing Models; Prospect Theory; The "Fairness" Concept; Dynamic Pricing Strategies; Dynamic Pricing Models; Management Implications of RM Systems Based on Dynamic Pricing; References; 8: Revenue Management Systems Based on Capacity Allocation; Capacity Allocation; Case Study; Capacity Allocation and Optimization; Capacity Allocation Control Mechanisms; Capacity Allocation with Two Classes; Littlewood's Rule; The Effectiveness of RM Systems Based on Capacity Allocation; References 9: The Measurement of Revenue Management Policies: RevPAR and Yield RateRM Systems; Indicators in RM Systems; RevPAR and Yield Rate; The Use of the RevPAR and the Yield Rate; References; 10: Economic Value and Revenue Management Systems: Case Studies; Differentiation: UNA Hotels & Resorts and Accor; UNA Hotels & Resorts; The CA Hotels Case; Direct Costing and Full Costing; Rationality and Strategy; Break-Even Analysis; Fixed Costs; Graphical Representation of the BEA; The Mathematical Representation of the BEA; The Unimib Travel Case; The Hotel Vittoria Case; The Hotel Piccadilly Case
• Publisher Details: Cham, Switzerland : Palgrave Macmillan
• Publication Date: 2019
• Extent: 1 online resource
• Subjects: 658.15/54; Revenue management; Electronic books
• Languages: English
• ISBNs: 9783030024178; 3030024172
• Notes: Note: Description based on online resource; title from digital title page (viewed on February 05, 2019).
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.