Title :
Seat Inventory Control Based on Dual Directional Diversion of Demands
Author :
Jia-ying, Zhang ; Xiang-yong, Li ; Jia-zhen, Huo
Author_Institution :
Sch. of Econ. & Manage., Tongji Univ., Shanghai, China
Abstract :
A mathematic model based on dual directional diversion of demands is used to model inventory control for an airline company, who provides two fare classes. Case studies are done which show that the revenue will be improved if dual directional diversion is considered.
Keywords :
stock control; travel industry; airline company; dual directional demand diversion; seat inventory control; Air transportation; Atmospheric modeling; Companies; Equations; Inventory control; Mathematical model; airline company; diversion; inventory control; revenue management;
Conference_Titel :
Service Sciences (IJCSS), 2011 International Joint Conference on
Conference_Location :
Taipei
Print_ISBN :
978-1-4577-0326-3
Electronic_ISBN :
978-0-7695-4421-2
DOI :
10.1109/IJCSS.2011.59
