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An Optimization Technique Of Airlines' Seat Inventory Management, Husam Abdallah Mahmoud Fanasheh
An Optimization Technique Of Airlines' Seat Inventory Management, Husam Abdallah Mahmoud Fanasheh
Master's Theses - Daytona Beach
This study consisted of a simulation to maximize an airline's Origin- Destination revenues. It has been hypothesized that Linear Programming is capable of maximizing airlines' networks revenues. Simulation was performed with Linear Interactive Discrete Optimizer (LINDO). This project was designed to consider different fares and its classes along with multi flight connections. The seats' allocation process came out with the maximum possible revenues, and enough flexibility in terms of changing such allocation to work around competition and trends. Results came supportive to the hypothesis. Sensitivity analysis provided our model with a tool to modify and change different variables, like fares, …