Revenue management is arguably the most celebrated application of mathematical modeling used in the travel industry. Originating in the airline industry around the time of deregulation in the late 1970s, revenue management has consistently been credited with increasing airline revenues by over 6%.
Revenue Management
Int.Ser.Operations Res.
2011-12-21
61 pages
Article/Chapter (Book)
Electronic Resource
English
Exponentially Weighted Move Average , Protection Level , Discrete Choice Model , Revenue Management , Cancellation Rate Business and Management , Operations Research/Decision Theory , Engineering Economics, Organization, Logistics, Marketing , Industrial Organization , Regional/Spatial Science , Civil Engineering , Organization
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