The Evolution of Yield Management in the Airline Industry

The Evolution of Yield Management in the Airline Industry

Author: Ben Vinod

Publisher: Springer Nature

Published: 2021-05-28

Total Pages: 417

ISBN-13: 3030704246

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This book chronicles airline revenue management from its early origins to the last frontier. Since its inception revenue management has now become an integral part of the airline business process for competitive advantage. The field has progressed from inventory control of the base fare, to managing bundles of base fare and air ancillaries, to the precise inventory control at the individual seat level. The author provides an end-to-end view of pricing and revenue management in the airline industry covering airline pricing, advances in revenue management, availability, and air shopping, offer management and product distribution, agency revenue management, impact of revenue management across airline planning and operations, and emerging technologies is travel. The target audience of this book is practitioners who want to understand the basics and have an end-to-end view of revenue management.


Computational Intelligence in Integrated Airline Scheduling

Computational Intelligence in Integrated Airline Scheduling

Author: Tobias Grosche

Publisher: Springer Science & Business Media

Published: 2009-02-26

Total Pages: 261

ISBN-13: 3540898867

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In this text, two planning approaches for integrated airline scheduling are presented. One follows the traditional sequential approach, and the other uses metaheuristics to offer a truly simultaneous approach to airline scheduling.


Revenue Management in the Lodging Industry

Revenue Management in the Lodging Industry

Author: Ben Vinod

Publisher: Springer Nature

Published: 2022-10-31

Total Pages: 412

ISBN-13: 3031143027

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This book provides an end-to-end view of revenue management in the hospitality industry. The book highlights the origins of hotel reservations systems and revenue management, challenges unique to hotels, revenue management models, new generation retailing, and personalization and steps required to remain competitive in the marketplace. This book is intended for practitioners to understand the basics and have a comprehensive view of the impacts of revenue management on product distribution, reservations, inventory control, including the latest advances in the field of attribute-based room pricing and inventory control. There are several aspects of revenue management that are not covered in books and journal articles such as hotel pricing, hotel fully allocated costs, content parity, impact of Online Travel Agencies on hotels, competitive revenue management and attribute-based room pricing and inventory control which represents the last frontier in hotel revenue management with intelligent retailing. Leveraging emerging technologies, such as Artificial Intelligence and Blockchain and the future state of revenue management, are also addressed.


Advances in Data Analysis

Advances in Data Analysis

Author: Reinhold Decker

Publisher: Springer Science & Business Media

Published: 2007-03-24

Total Pages: 689

ISBN-13: 3540709819

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This book focuses on exploratory data analysis, learning of latent structures in datasets, and unscrambling of knowledge. Coverage details a broad range of methods from multivariate statistics, clustering and classification, visualization and scaling as well as from data and time series analysis. It provides new approaches for information retrieval and data mining and reports a host of challenging applications in various fields.


Airline Network Planning and Scheduling

Airline Network Planning and Scheduling

Author: Ahmed Abdelghany

Publisher: John Wiley & Sons

Published: 2018-11-08

Total Pages: 432

ISBN-13: 1119275881

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A concise resource to the best practices and problem-solving ideas for understanding the airline network planning and scheduling process Airline Network Planning and Scheduling offers a comprehensive resource that is filled with the industry's best practices that can help to inform decision-modeling and the problem-solving process. Written by two industry experts, the book is designed to be an accessible guide that contains information for addressing complex challenges, problems, and approaches that arise on the job. The chapters begin by addressing the complex topics at a broad, conceptual level before moving on to more detailed modeling in later chapters. This approach follows the standard airline planning process and reflects the duties of the day-to-day job of network/schedule planners. To help gain a practical understanding of the information presented, each chapter includes exercises and data based on real-world case studies. In addition, throughout the book there are graphs and illustrations as well as, information on the most recent advances in airline network and planning research. This important resource: Takes a practical approach when detailing airline network planning and scheduling practices as opposed to a theoretical perspective Puts the focus on the complexity and main challenges as well as current practices and approaches to problem-solving and decision-making Presents the information in a logical sequence that begins with broad, conceptual topics and gradually delves into more advanced topics that address modeling Contains international standard airline planning processes, the day-to-day responsibilities of the job, and outlines the steps taken when building an airline network and schedule Includes numerous case studies, exercises, graphs, and illustrations throughout Written for professionals and academics, Airline Network Planning and Scheduling offers a resource for understanding best practices and models as well as the challenges involved with network planning and scheduling.


A New Approach for Disruption Management in Airline Operations Control

A New Approach for Disruption Management in Airline Operations Control

Author: António J. M. Castro

Publisher: Springer

Published: 2014-06-19

Total Pages: 258

ISBN-13: 3662433737

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Most of the research efforts dealing with airline scheduling have been done on off-line plan optimization. However, nowadays, with the increasingly complex and huge traffic at airports, the real challenge is how to react to unexpected events that may cause plan-disruptions, leading to flight delays. Moreover these disruptive events usually affect at least three different dimensions of the situation: the aircraft assigned to the flight, the crew assignment and often forgotten, the passengers’ journey and satisfaction. This book includes answers to this challenge and proposes the use of the Multi-agent System paradigm to rapidly compose a multi-faceted solution to the disruptive event taking into consideration possible preferences of those three key aspects of the problem. Negotiation protocols taking place between agents that are experts in solving the different problem dimensions, combination of different utility functions and not less important, the inclusion of the human in the automatic decision-making loop make MASDIMA, the system described in this book, well suited for real-life plan-disruption management applications.


Trends in Developing Metaheuristics, Algorithms, and Optimization Approaches

Trends in Developing Metaheuristics, Algorithms, and Optimization Approaches

Author: Yin, Peng-Yeng

Publisher: IGI Global

Published: 2012-10-31

Total Pages: 375

ISBN-13: 146662146X

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Developments in metaheuristics continue to advance computation beyond its traditional methods. With groundwork built on multidisciplinary research findings; metaheuristics, algorithms, and optimization approaches uses memory manipulations in order to take full advantage of strategic level problem solving. Trends in Developing Metaheuristics, Algorithms, and Optimization Approaches provides insight on the latest advances and analysis of technologies in metaheuristics computing. Offering widespread coverage on topics such as genetic algorithms, differential evolution, and ant colony optimization, this book aims to be a forum researchers, practitioners, and students who wish to learn and apply metaheuristic computing.


Research Anthology on Decision Support Systems and Decision Management in Healthcare, Business, and Engineering

Research Anthology on Decision Support Systems and Decision Management in Healthcare, Business, and Engineering

Author: Management Association, Information Resources

Publisher: IGI Global

Published: 2021-05-28

Total Pages: 1538

ISBN-13: 1799890244

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Decision support systems (DSS) are widely touted for their effectiveness in aiding decision making, particularly across a wide and diverse range of industries including healthcare, business, and engineering applications. The concepts, principles, and theories of enhanced decision making are essential points of research as well as the exact methods, tools, and technologies being implemented in these industries. From both a standpoint of DSS interfaces, namely the design and development of these technologies, along with the implementations, including experiences and utilization of these tools, one can get a better sense of how exactly DSS has changed the face of decision making and management in multi-industry applications. Furthermore, the evaluation of the impact of these technologies is essential in moving forward in the future. The Research Anthology on Decision Support Systems and Decision Management in Healthcare, Business, and Engineering explores how decision support systems have been developed and implemented across diverse industries through perspectives on the technology, the utilizations of these tools, and from a decision management standpoint. The chapters will cover not only the interfaces, implementations, and functionality of these tools, but also the overall impacts they have had on the specific industries mentioned. This book also evaluates the effectiveness along with benefits and challenges of using DSS as well as the outlook for the future. This book is ideal for decision makers, IT consultants and specialists, software developers, design professionals, academicians, policymakers, researchers, professionals, and students interested in how DSS is being used in different industries.