OVERBOOKING AS THE INSTRUMENT OF REVENUE MANAGEMENT
نویسندگان
چکیده
منابع مشابه
Single-Leg Airline Revenue Management with Overbooking
Airline revenue management is about identifying the maximum revenue seat allocation policies. Since a major loss in revenue results from cancellations and no-show passengers, over the years overbooking has received a significant attention in the literature. In this study, we propose new models for static and dynamic single-leg overbooking problems. In the static case, we introduce computational...
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In this paper, we develop a revenue management model to jointly make the capacity allocation and overbooking decisions over an airline network. The crucial observation behind our model is that if the penalty cost of denying boarding to the reservations were given by a separable function, then the optimality equation for the joint capacity allocation and overbooking problem would decompose by th...
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ژورنال
عنوان ژورنال: Herald of Kyiv National University of Trade and Economics
سال: 2019
ISSN: 1727-9313,2616-5856
DOI: 10.31617/visnik.knute.2019(128)04