An Airline Seat Management Model for a Single Leg Route When Lower Fare Classes Book First

摘要: It is common practice for airlines to charge several different fares a pool of seats. This paper presents model that has been used address the problem when refuse booking requests given fare level save seat potential request at higher level. assumes lower passengers book before book. occurs quite frequently in practice, where are usually vacationers and business travelers. In fact, many mandate this by imposing advance requirements on classes prevent travelers from using them. We present an algorithm finds management policy maximizes mean revenue establishing critical value each class. Booking particular accepted if number empty seats strictly greater than its rejected otherwise. decreasing function price equal zero class with highest fare.