Capacity-Aware Pricing Using Neural Networks

In settings with limited and perishable supply, capturing opportunity cost into pricing is essential for maximizing revenue potential. This breakout session featuring the PROS AI and Product teams discussed Capacity-Aware Optimization, a neural network-based adaptive approach designed to drive profitable growth in capacity-constrained environments. We reviewed results from simulations and real-world data studies, demonstrating how this approach is being implemented in various industries to help our customers excel. Lastly, we provided insights on how to incorporate Capacity-Aware Optimization into Gen IV AI Price Optimization.

 

What takeaways will you be implementing into your pricing practices?