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Optimal Decisions for the Airline Seat Capacity Allocation Considering Consumer Buying Behavior  

Kim, Sang-Won (Global Business Program, College of Business Administration, University of Ulsan)
Publication Information
Journal of Korean Institute of Industrial Engineers / v.35, no.3, 2009 , pp. 185-193 More about this Journal
Abstract
We consider a two-fare, two-period airline seat capacity allocation problem where consumers may choose different options in purchasing an airline ticket. A consumer may decide to wait for reopening of the same fare class ticket which is originally intended to buy, or may buy a different fare class ticket within the same period, if the originally requested fare is unavailable. We investigate the impact of the consumer buying behavior on the optimal solutions and the expected revenue.
Keywords
Seat Capacity Allocation; Airline Revenue Management;
Citations & Related Records
Times Cited By KSCI : 2  (Citation Analysis)
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