This paper is concerned with the problem of determining seat reservations on flights with several legs and different types of fares on each leg. The aim is to find some reservation levels that maximize the air carrier's revenue. The nonlinear integer programming model developed is solved by using simulated annealing techniques with an initial “satisfactory” point obtained by a Monte‐Carlo approach.
Airline seat inventory control: an application of the simulated annealing method
Transportation Planning and Technology ; 17 , 3 ; 219-233
1993-06-01
15 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Unbekannt
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