A dynamic airline seat inventory control model and its optimal policy

Operations Research

Volumn 49, Issue 6, 2001, Pages 938-949

  Feng, Youyi ^a   Xiao, Baichun ^a  

^a CHINESE UNIVERSITY OF HONG KONG   (Hong Kong)

Author keywords

[No Author keywords available]

Indexed keywords

AIR TRANSPORTATION; AIRCRAFT SEATS; DYNAMIC PROGRAMMING; INDUSTRIAL ECONOMICS; INDUSTRIAL MANAGEMENT; INVENTORY CONTROL; MATHEMATICAL MODELS; POISSON DISTRIBUTION; RANDOM PROCESSES; RESERVATION SYSTEMS; TRANSPORTATION CHARGES;

AIRLINE SEAT INVENTORY CONTROL; REVENUE MANAGEMENT; YIELD MANAGEMENT;

OPERATIONS RESEARCH;

EID: 0035521463     PISSN: 0030364X     EISSN: None     Source Type: Journal    
DOI: 10.1287/opre.49.6.938.10026     Document Type: Article

References (35)

1. Airline yield management: An overview of seat inventory control
2. Application of a probabilistic decision model to airline seat inventory control
3. Optimal allocation of seats by fare
4. Managing hotel reservations with uncertain arrivals
5. Optimal control of jump process
6. Bang-bang controls of point process
7. Airline seat allocation with multiple nested fare classes
8. Optimal seat allocation with fare classes nested by origins and destinations
9. To rein in those CRSs
10. Optimal stopping times for end of season sales and optimal stopping times for promotional fares
11. Maximizing revenue of perishable assets with risk analysis
12. Optimal policies of yield management with multiple predetermined prices
13. Optimal overbooking policy for a single-leg flight with time-dependent demands
14. A demand model for yield management
15. Optimal dynamic pricing of inventories with stochastic demand over finite horizons
16. A multi-product dynamic pricing problem and its applications to network yield management
17. The passenger-mix problem in the scheduled airlines
18. The basics of yield management
19. Optimal cruise-liner passenger cabin pricing policy
20. A model for dynamic airline seat inventory control with multiple seat bookings
21. Solution to the continuous time dynamic yield management model
22. On the hotel overbooking problem-An inventory system with stochastic cancellations
23. Forecasting and control of passengers
24. A martingale approach to queues
25. The differential revenue method to determine optimal seat allocations by fare type
26. Optimal control of a Poisson source
27. Optimal and approximate control policies for airline booking with sequential fare classes
28. O. R. and the airline overbooking problem
29. An analysis of bid-price controls for network revenue management
30. A taxonomy and research overview of perishable-asset revenue management: Yield management, overbooking and pricing
31. An airline seat management model for a single leg route when lower fare classes book first
32. General dynamic models for airline seat allocation