Program Overview

Department of Industrial Engineering & Operations Research, IIT Bombay

Overview

The Department of Industrial Engineering & Operations Research at IIT Bombay offers various academic programs, including Ph.D., M.Sc., M.Sc-Ph.D., M.Tech, B.Tech, and B.Tech Minor.

Academic Programs

• Ph.D.
• M.Sc.
• M.Sc-Ph.D.
• M.Tech
• B.Tech
• B.Tech Minor
  • IDDDP
  • CEP
• Time Table
• List of IEOR Courses
• Alumnus Endowment Awards

Course Details

IE 706: Pricing and Revenue Management

Basic principles of pricing and market segmentation, cost-based and market-based pricing, price discrimination and product/service bundling.

• Demand forecasting and demand sensing, price demand relationships.
• Principles of revenue management, Littlewood's rule, capacity and price-based revenue management techniques, overbooking, network revenue management, multi-product pricing.
• Dynamic pricing, markdowns and discounts, bid-price and auction-based methods.
• Pricing in specific industry sectors, retail, airlines, automobiles, events, internet pricing models.
• Optimization techniques, learning algorithms and other techniques for revenue management.

Research Areas

• Research Topics
• Publications
• Student Projects
• Computing
• FedEx ALFA
• TCAAI

Opportunities

• Faculty Positions
• Corporate Visitors
• Placements

News and Announcements

• Past News
• Past Announcements
• Departmental Convocation