An Optimization Technique of Airlines' Seat Inventory Management

<p>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, without affecting the reached goal (maximized network revenues). Although, the utilized network is a portion of a real world one, this study should inspire revenue management departments build their own simulation based on this model. Conclusion and recommendations are submitted.</p>

Name thesis:degree_name

Master of Business Administration in Aviation

Level thesis:degree_level

Thesis - Open Access

Discipline thesis:degree_discipline

Aviation Business Administration

Year

1997

Author dc:creator

• Fanasheh, Husam Abdallah Mahmoud

Contributors dc:contributor

• Bijan Vasigh
• Tom Tacker
• Abe Harraf

• airlines
• optimization
• seat inventory
• Aviation
• Management and Operations

Repository record dc:identifier

https://commons.erau.edu/db-theses/98

OAI identifier oai:identifier

oai:commons.erau.edu:db-theses-1073