Stochastic Decomposition

Stochastic Decomposition

Author: Julia L. Higle

Publisher: Springer Science & Business Media

Published: 2013-11-27

Total Pages: 237

ISBN-13: 1461541158

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Motivation Stochastic Linear Programming with recourse represents one of the more widely applicable models for incorporating uncertainty within in which the SLP optimization models. There are several arenas model is appropriate, and such models have found applications in air line yield management, capacity planning, electric power generation planning, financial planning, logistics, telecommunications network planning, and many more. In some of these applications, modelers represent uncertainty in terms of only a few seenarios and formulate a large scale linear program which is then solved using LP software. However, there are many applications, such as the telecommunications planning problem discussed in this book, where a handful of seenarios do not capture variability well enough to provide a reasonable model of the actual decision-making problem. Problems of this type easily exceed the capabilities of LP software by several orders of magnitude. Their solution requires the use of algorithmic methods that exploit the structure of the SLP model in a manner that will accommodate large scale applications.


Dynamic Capacity Control in Air Cargo Revenue Management

Dynamic Capacity Control in Air Cargo Revenue Management

Author: Rainer Hoffmann

Publisher: KIT Scientific Publishing

Published: 2014-05-12

Total Pages: 238

ISBN-13: 3731500035

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This book studies air cargo capacity control problems. The focus is on analyzing decision models with intuitive optimal decisions as well as on developing efficient heuristics and bounds. Three different models are studied: First, a model for steering the availability of cargo space on single legs. Second, a model that simultaneously optimizes the availability of both seats and cargo capacity. Third, a decision model that controls the availability of cargo capacity on a network of flights.


Straight and Level

Straight and Level

Author: Stephen Holloway

Publisher: Routledge

Published: 2017-11-01

Total Pages: 595

ISBN-13: 1351774212

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This title was first published in 2003.Airline operating profits are well known to be volatile, and the global industry aggregate figures conceal wide differences in performance between carriers. The fundamental reasons for the poor performance of the industry as a whole were in the early 1990's that output ran too far ahead of demand, and the yield earned on output sold was insufficient to cover costs. In strategic context, this second edition uses a simple yet powerful model to explore linkages between the fundamentals of airline economics and the volatility of industry results at the operating level. Its five parts look in turn at strategic context, supply side, demand side, network management and a general conclusion.


Revenue Management with Flexible Products

Revenue Management with Flexible Products

Author: Michael Müller-Bungart

Publisher: Springer Science & Business Media

Published: 2007-06-26

Total Pages: 307

ISBN-13: 3540723153

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This book analyzes revenue management (RM) problems with flexible products and RM in broadcasting companies. It presents models and methods that explicitly take the implications of flexibility into account. In addition, it contains descriptions of algorithms to generate stochastic demand data streams for general RM problems. To help readers with their own simulation studies, it provides an implementation as a Microsoft Windows executable file.


Managing Airline Networks

Managing Airline Networks

Author: Markus Franke

Publisher: Routledge

Published: 2020-12-29

Total Pages: 178

ISBN-13: 1000336123

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Managing Airline Networks: Design, Integration and Innovative Technologies is a fully comprehensive description of state-of-the-art network management practices at airlines. Designed as a compendium on current practices and future trends in the field, the book offers an instructive guide through the complex world of non-linear production systems. Written by a renowned consultant and aviation expert, the book discusses the impact of network management on airline resource planning and performance, and examines the interplay between network management and adjacent functions. The book includes a practical case study and is enriched with academic perspectives. Discussing upcoming trends in the sector, the book provides an outlook on advanced technologies that may play a role in next-generation network management. Features include: a description of basic network types, performance indicators for profitable networks, efficient processes and success factors for network management, and common optimisation models and tools; descriptive overviews, supported by practical examples, and leading to a deep-dive case study; a section on trends in network management, outlining new demand forecasting models, ‘big data’ applications, machine learning and AI use cases, and alternative optimisation models for airlines. Managing Airline Networks: Design, Integration and Innovative Technologies is designed as a comprehensive compendium and is essential reading for both aviation practitioners and students of airline management.


Proceedings of the Sixteenth International Conference on Management Science and Engineering Management – Volume 1

Proceedings of the Sixteenth International Conference on Management Science and Engineering Management – Volume 1

Author: Jiuping Xu

Publisher: Springer Nature

Published: 2022-07-13

Total Pages: 854

ISBN-13: 3031103882

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This book covers many hot topics, including theoretical and practical research in many areas such as dynamic analysis, machine learning, supply chain management, operations management, environmental management, uncertainty, and health and hygiene. It showcases advanced management concepts and innovative ideas. The 16th International Conference on Management Science and Engineering Management (2022 ICMSEM) will be held in Ankara, Turkey, during August 3-6, 2022. ICMSEM has always been committed to promoting innovation management science (M-S) and engineering management (EM) academic research and development. The book provides researchers and practitioners in the field of Management Science and Engineering Management (MSEM) with the latest, cutting-edge thinking and research in the field. It will appeal to readers interested in these fields, especially those looking for new ideas and research directions.


The Theory and Practice of Revenue Management

The Theory and Practice of Revenue Management

Author: Kalyan T. Talluri

Publisher: Springer Science & Business Media

Published: 2006-02-21

Total Pages: 731

ISBN-13: 0387273913

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Revenue management (RM) has emerged as one of the most important new business practices in recent times. This book is the first comprehensive reference book to be published in the field of RM. It unifies the field, drawing from industry sources as well as relevant research from disparate disciplines, as well as documenting industry practices and implementation details. Successful hardcover version published in April 2004.


Dynamic Fleet Management

Dynamic Fleet Management

Author: Vasileios S. Zeimpekis

Publisher: Springer Science & Business Media

Published: 2007-10-05

Total Pages: 249

ISBN-13: 0387717226

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This book focuses on real time management of distribution systems, integrating the latest results in system design, algorithm development and system implementation to capture the state-of-the art research and application trends. The book important topics such as goods dispatching, couriers, rescue and repair services, taxi cab services, and more. The book includes real-life case studies that describe the solution to actual distribution problems by combining systemic and algorithmic approaches.


The Global Airline Industry

The Global Airline Industry

Author: Peter Belobaba

Publisher: John Wiley & Sons

Published: 2015-07-06

Total Pages: 536

ISBN-13: 1118881141

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Extensively revised and updated edition of the bestselling textbook, provides an overview of recent global airline industry evolution and future challenges Examines the perspectives of the many stakeholders in the global airline industry, including airlines, airports, air traffic services, governments, labor unions, in addition to passengers Describes how these different players have contributed to the evolution of competition in the global airline industry, and the implications for its future evolution Includes many facets of the airline industry not covered elsewhere in any single book, for example, safety and security, labor relations and environmental impacts of aviation Highlights recent developments such as changing airline business models, growth of emerging airlines, plans for modernizing air traffic management, and opportunities offered by new information technologies for ticket distribution Provides detailed data on airline performance and economics updated through 2013