AIRLINE STOCHASTIC CAPACITY ALLOCATION BY APPLYING REVENUE MANAGEMENT

Mehdi Sharifyazdi

Volume 4, Issue 4 , December 2007, , Pages 19-27

Abstract
  To formulate a single-leg seat inventory control problem in an airline ticket sales system, the concept and techniques of revenue management are applied in this research. In this model, it is assumed the cabin capacity is stochastic and hence its exact size cannot be forecasted in advance, at the time ...  Read More