Strategic and tactical price decisions in hotel revenue management

Dynamic pricing techniques allow using a number of variables in a tactical way compared to standard catalogue prices. This study merges in a conceptual model the relevance of the tactical and the strategic dimension of these variables, classified according to their tangible, reputational or contextual nature. To empirically validate the hypotheses, a database of 21.596 price observations was retrieved from booking.com. The study presents a hedonic price function, using the Shapley-Owen decomposition of the Rsquared to elicit the importance of each group of factors. Further, a hierarchical cluster analysis measures the presence of heterogeneity across operators. The results show that online reputation is gaining importance over the traditional star rating. Despite the tangible variables remain of paramount importance, the findings suggest the relevant role of contextual variables in short-run price variations. The players operating in the tourism and hospitality industries should integrate these findings when designing pricing strategies

High-Speed Communications Over Polymer Optical Fibers for In-Building Cabling and Home Networking

This paper focuses on high-speed cabling using polymer optical fibers (POF) in home networking. In particular, we report about the results obtained in the POF-ALL European Project, which is relevant to the Sixth Framework Program, and after two years of the European Project POF-PLUS, which is relevant to the Seventh Framework Program, focusing on their research activities about the use of poly-metyl-metha-acrilate step-index optical fibers for home applications. In particular, for that which concerns POF-ALL, we will describe eight-level pulse amplitude modulation (8-PAM) and orthogonal frequency-division multiplexing (OFDM) approaches for 100-Mb/s transmission over a target distance of 300 m, while for that which concerns POF-PLUS, we will describe a fully digital and a mixed analog-digital solution, both based on intensity modulation direct detection, for transmitting 1 Gb/s over a target distance of 50 m. The ultimate experimental results from the POF-ALL project will be given, while for POF-PLUS, which is still ongoing, we will only show our most recent preliminary results

Non-intrusive Uncertainty Propagation in the ARC Fusion Reactor through the nemoFOAM Multi-physics Tool

In the framework of the multiphysics analysis of nuclear reactors, it is important to assess the impact of nuclear data uncertainties on relevant thermal-hydraulic quantities like temperature, pressure and mass flow rate. This is particularly important for the safety assessment and for the design verification of fission and fusion systems, through the so-called Best Estimate Plus Uncertainty approach, which qualifies the outputs providing an estimate of their uncertainties. In this work, the uncertainties are propagated from the nuclear data libraries to the thermal-hydraulic quantities of the Breeding Blanket of the Affordable, Robust, Compact fusion reactor thanks to the multiphysics tool nemoFOAM, and employing different uncertainty propagation techniques, like the Total Monte Carlo and the Unscented Transform

Up to 4 × 192 LTE-A radio waveforms transmission in a point to multipoint architecture for massive fronthauling solutions

In this work, a novel point-to-multipoint fronthauling architecture based on the use of a Multi-Output Erbium Doped Fibre Amplifier (MO-EDFA), to deliver several digital signal processing (DSP) aggregated analogue radio waveforms, is proposed and experimentally analysed. The transmission of 4x192 20 MHz radio waveforms, according to the DSP-aggregated fronthauling (DSP-AF) Frequency Division Multiplexed (FDM) architecture originally proposed in [1]. Using the MO-EDFA, we are able to feed up to 24 remote radio head (RRH) units, experimentally demonstrating successful transmission over a link with up to 25 dB of optical path losses, including 37 km of single mode fibre

Modelling the PbLi flow including tritium transport and permeation with GETTHEM

One of the main challenges to be addressed to achieve a reliable electricity production from the EU DEMO reactor is the realization of a closed fuel cycle, for which a suitable Tritium Extraction and Removal System (TERS) is required. One of the possible technologies identified for the EU DEMO TERS is the Permeator Against Vacuum (PAV): the tritium dissolved in the liquid PbLi flowing within several parallel channels will permeate towards the vacuum pumped on the other side of the channel wall (the membrane). A recently-developed model of the tritium permeation across the membrane in the PAV, involving both transport phenomena in the wall and surface processes, was already used to size the EU DEMO PAV. However, besides the component itself, it is important to properly define the interfaces of the PAV in the TERS, and of the TERS in the entire PbLi and tritium loops. The model of such a complex system is therefore implemented here in the Modelica object-oriented language used by system-level tool GETTHEM, that already includes a model of the PbLi loop. The resulting, lumped-parameter component will be able to capture the thermal-hydraulic behaviour of the PbLi, to model the tritium transport in the fluid and to estimate the tritium permeated flux supplied to the tritium processing. Such a model is tested here on a sub-scale circuit to demonstrate its capability to simulate the operation of the EU DEMO TERS using the GETTHEM code. As the physical parameters of the model are subject to a large uncertainty, an uncertainty propagation analysis is also performed, to have a preliminary quantification of the impact of such uncertainties on the model output and, therefore, on the TERS efficiency, and to drive further investigations of these physical properties. In particular, results show how the uncertainty on the solubility constant of hydrogen in PbLi represents the dominant contribution on the total variance, highlighting the need for a better accuracy of such parameter

Correlating low energy impact damage with changes in modal parameters: diagnosis tools and FE validation

This paper presents a basic experimental technique and simplified FE based models for the detection, localization and quantification of impact damage in composite beams around the BVID level. Detection of damage is carried out by shift in modal parameters. Localization of damage is done by a topology optimization tool which showed that correct damage locations can be found rather efficiently for low-level damage. The novelty of this paper is that we develop an All In One (AIO) package dedicated to impact identification by modal analysis. The damaged zones in the FE models are updated by reducing the most sensitive material property in order to improve the experimental/numerical correlation of the frequency response functions. These approximate damage models(in term of equivalent rigidity) give us a simple degradation factor that can serve as a warning regarding structure safety