[PDF.39dk] Improved Forecast Accuracy in Airline Revenue Management by Unconstraining Demand Estimates from Cen

Improved Forecast Accuracy in Airline Revenue Management by Unconstraining Demand Estimates from Cen

[PDF.wx33] Improved Forecast Accuracy in Airline Revenue Management by Unconstraining Demand Estimates from Cen

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 | #5207484 in Books |  Dissertation.Com. |  2001-12-01 | Original language:English | PDF # 1 |  8.50 x.62 x5.51l,.84 | File type: PDF | 276 pages

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Accurate forecasts are crucial to a revenue management system. Poor estimates of demand lead to inadequate inventory controls and sub-optimal revenue performance. Forecasting for airline revenue management systems is inherently difficult. Competitive actions, seasonal factors, the economic environment, and constant fare changes are a few of the hurdles that must be overcome. In addition, the fact that most of the historical demand data is censored further complicates...

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