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Management and Operations

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Embry-Riddle Aeronautical University

Theses/Dissertations

Optimization

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An Optimization Technique Of Airlines' Seat Inventory Management, Husam Abdallah Mahmoud Fanasheh Apr 1997

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, …