DYNAMIC BOOKING POLICY FOR AIRLINE SEAT INVENTORY CONTROL

Kristine Rozite, Nicholas A. Nechval, Konstantin N. Nechval, Edgars K. Vasermanis

2004

Abstract

A dynamic booking policy for multiple fare classes that share the same seating pool on one leg of an airline flight, when seats are booked in a nested fashion and when lower fare classes book before higher ones, is determined. The dynamic policy of airline booking makes repetitive use of an optimal static policy over the booking period, based on the most recent demand and capacity information. It allows one to allocate seats dynamically and anticipatory over time.

Paper Citation

in Harvard Style

Rozite K., A. Nechval N., N. Nechval K. and K. Vasermanis E. (2004). DYNAMIC BOOKING POLICY FOR AIRLINE SEAT INVENTORY CONTROL . In Proceedings of the First International Conference on Informatics in Control, Automation and Robotics - Volume 1: ICINCO, ISBN 972-8865-12-0, pages 314-317. DOI: 10.5220/0001133003140317

in Bibtex Style

@conference{icinco04,
author={Kristine Rozite and Nicholas A. Nechval and Konstantin N. Nechval and Edgars K. Vasermanis},
title={DYNAMIC BOOKING POLICY FOR AIRLINE SEAT INVENTORY CONTROL},
booktitle={Proceedings of the First International Conference on Informatics in Control, Automation and Robotics - Volume 1: ICINCO,},
year={2004},
pages={314-317},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0001133003140317},
isbn={972-8865-12-0},
}

in EndNote Style

TY - CONF
JO - Proceedings of the First International Conference on Informatics in Control, Automation and Robotics - Volume 1: ICINCO,
TI - DYNAMIC BOOKING POLICY FOR AIRLINE SEAT INVENTORY CONTROL
SN - 972-8865-12-0
AU - Rozite K.
AU - A. Nechval N.
AU - N. Nechval K.
AU - K. Vasermanis E.
PY - 2004
SP - 314
EP - 317
DO - 10.5220/0001133003140317