Airline seat inventory control method and apparatus for computer

Boots – shoes – and leggings

Patent

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

364401, 364408, G06F 1526

Patent

active

052551849

ABSTRACT:
An airline reservation system implemented using a computer wherein reservations are controlled by a seat inventory control system. The inventory control system produces optimal reservation control using network-wide booking limits while taking into account the probabilistic nature of demand. The inventory control system, based on a concept termed Network-Based Expected Marginal Seat Revenue (EMSR), does not require the large number of variables required by the other network-based approaches, and it incorporates a probabilistic demand model without resorting to computationally intractable integer programming.

REFERENCES:
patent: 2542890 (1951-02-01), Basu et al.
patent: 2883106 (1959-04-01), Cornwell et al.
patent: 4862357 (1989-08-01), Ahlstrom et al.
E. L. Williamson, "Revenue Impacts of Seat Inventory Control," present to The Third International Airline Yield Mgmt. Conference, London, England, Dec. 3, 1990.
W. H. Press, B. P. Flannery, S. A. Teukolsky, and W. T. Vetterling, "Numerical Recipes," Cambridge University Press, 1986, pp. 300-307.
D. G. Luenberger, "Introduction to Linear and Nonlinear Programming," Addison-Wesley Publishing Company, 1973, pp. 168-188.
P. P. Belobaba, "Airline yield management, an overview of seat inventory control," 21 Transportation Science No. 2, May, 1987 pp. 63-72.
E. L. Williamson, "Comparison of the optimization techniques for origin-destinatin seat inventory control", Tech. Rpt. FTL-R88-2, Flight Transportation Lab., Massachusetts Institute of Technology, Cambridge, Mass., May 1988.
K. Littlewood, "Forecasting and control of passenger bookings," Proceedings of the 12th AGIFORS Symposium, Oct. 1972, pp. 95-117.
H. Richter, "The differential revenue method to determine optimal seat allotments by fare type," Proceedings of the 22nd AGIFORS Symposium Oct. 1982.
P. P. Belobaba, "Air travel demand and airline seat inventory management," Technical Rpt FTL-R87-8, Flight Trans. Lab. Mass. Inst. of Technology May 1987.
P. P. Belobaba, "Application of a probabilistic decision model to airline seat inventory control," 37 Oper. Rsrch No. 2, Mar. 1989.
F. Glover, R. Glover, J. Lorenzo, and C. McMillan, "The passenger-mix problem in the scheduled airlines," 12 Interfaces #3, Jun. 1982.
R. D. Wollmer, "An airline reservation model for opening and closing fare classes," Unpublished Internal Rpt., McDonnell-Douglas Corp. 1985.
M. Mayer, "Seat allocation, or a simple model of seat allocation via sophisticated ones," 16th Annual Symposium of AGIFORS, Sep. 1976.
S. Dembo & T. Steinhaug, "Truncated-Newton algorithms for large scale unconstrained optimization," Mathematical Prog. 26, 1983.
D. P. Adhlfeld, J. M. Mulvey, R. S. Dembo, and S. A. Zenios, "Nonlinear programming on generalized networks," 13 ACM Transactions on Mathematical Software No. 4, 1987.
E. L. Williamson and P. P. Belobaba, "Optimization Techniques for Seat Inventory Control," Proceedings of the 28th Annual AGIFORS Symposium, 1988.
A. Jessop, "Optimal Seat Allocation for Airline Planning," 5th International Symposium on Forecasting, 1985.
R. E. Curry, "Optimal Airline Seat Allocation with Fare Classes Nested by Origins and Destinations," Trans. Science, vol. 24. #3, Aug. 1990.
S. L. Brumelle, J. I. McGill, T. H. Oum, K. Sawaki and M. W. Tretheway "Allocation of Airline Seats between Stochastically Dependent Demands," Trans. Science, vol. 24, No. 3, Aug. 1990.
R. W. Simpson, "Using Network Flow Techniques to Find Shadow Prices for Market Demands and Seat Inventory Control," Flight Trans. Lab Memorandum M89-Jan. 1989.

LandOfFree

Say what you really think

Search LandOfFree.com for the USA inventors and patents. Rate them and share your experience with other people.

Rating

Airline seat inventory control method and apparatus for computer does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Airline seat inventory control method and apparatus for computer, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Airline seat inventory control method and apparatus for computer will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFUS-PAI-O-1356989

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.