| Course ID: | MIST 7710. 1.5-3 hours. |
| Course Title: | Revenue Management Systems |
Course Description: | Principles and application of revenue management for enterprise
applications. Revenue management methods to increase revenue
without increasing products or promotions, predict consumer
behavior, tap into new markets, and deliver products and
services to customers effectively and efficiently will be
discussed and demonstrated. |
| Oasis Title: | REVENUE MGMT SYS |
| Pre or Corequisite: | MIST 6090 |
Semester Course Offered: | Offered every year. |
| Grading System: | A-F (Traditional) |
|
| Course Objectives: | Principles and application of revenue management for enterprise
applications. Emphasis on the use of the core concepts of
revenue management to design systems that will increase revenue
through dynamic pricing. Revenue management methods to increase
revenue without increasing products or promotions, predict
consumer behavior, tap into new markets, and deliver products
and services to customers effectively and efficiently will be
discussed and demonstrated. |
| Topical Outline: | 1. Present state-of-the-art revenue management applications.
2. Discuss the use of optimization and other quantitative
techniques for revenue management.
3. Apply revenue management to actual situations and develop a
recommendation for its application. |