Approximating probability density functions and their convolutions using orthogonal polynomials

Article Abstract:

A general approach for using orthogonal polynomials in making polynomial approximations of probability density functions and their convolutions is presented. The procedure, which was developed following a comparison of the performance of five classes of orthogonal polynomials, provides accurate probability estimates especially in applications where the probability density function cannot be integrated in closed form.

Case studies, Polynomials, Probabilities, Probability theory, Approximation theory, Approximation

---

Efficiency, effectiveness and productivity of marketing in services

Article Abstract:

A model for efficiently utilizing marketing budget and maximising revenue, using data envelopment analysis, is presented, with reference to a hotel chain in Asia Pacific.

Marketing procedures, Management dynamics, Financial Systems & Controls, Financial Management, Pacific Rim, Methods, Economic aspects, Marketing, Data envelopment analysis, Company marketing practices, Company business management, Case study

---

An optimal, dynaic policy for hotel yield management

Article Abstract:

Issues relating to hotel yield management are examined in detail, using a closed-form formulation which can be computed efficiently, giving an optimal solution.

Analysis, Yield-line analysis, Yield line analysis

Similar abstracts:

• Abstracts: On criticality and sensitivity in activity networks. Optimal timing of project control points. Procedures for resource leveling and net present value problems in project scheduling with general temporal and resource constraints
• Abstracts: A new penalty function algorithm for convex quadratic programming. Effect of maintenance on the economic design of x-control chart
• Abstracts: Patient flow-based allocation of inpatient resources: a case study. Potential effect of internal markets on hospitals' waiting time

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.