From the Financial Post, March 01 – Pamela Heaven
Why was your airplane overbooked? How come the price for a hotel room changes from day to day and how do car-rental companies know how many cars to have at any given airport? These questions and more can be answered by looking at the management science tools used by some businesses to manage revenue, costs and capacity utilization.
Click here to replay our discussion on management science with panelists FP Executive editor John Turley-Ewart, Jim Saunders of Pricing Solutions and Fredrik Odegaard, a professor of management science at the Richard Ivey School of Business.