2nd International Conference On Systems Engineering and Modeling (ICSEM-13)

Tickets Sales Policy for Two-stage Fares Airline considering Unidirectional Substitution of Cabin and Swapping Applications

Authors
Fengchao Wang, Zhenxiu Mo, Cui Li
Corresponding Author
Fengchao Wang
Available Online April 2013.
DOI
https://doi.org/10.2991/icsem.2013.149How to use a DOI?
Keywords
revenue management, sales policy, unidirectional substitution, swapping applications
Abstract
Tickets sales policy of two routes for two-stage fares airline are studied under the following three conditions in this paper: neither unidirectional substitution of cabin nor swapping applications is considered, only unidirectional substitution of cabin is considered, both unidirectional substitution of cabin and swapping applications are considered. We formulate the corresponding decision model and derive the optimal tickets amount and expected revenue. It shows that compared with the condition that neither unidirectional substitution of cabin nor swapping applications is considered, when only unidirectional substitution of cabin is considered, the expected optimal tickets amount and expected revenue increase; compared with the condition that only unidirectional substitution of cabin is considered, when both unidirectional substitution of cabin and swapping applications are considered, the expected optimal tickets amount and expected revenue increase.
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Proceedings
2nd International Conference On Systems Engineering and Modeling (ICSEM-13)
Part of series
Advances in Intelligent Systems Research
Publication Date
April 2013
ISBN
978-94-91216-42-8
ISSN
1951-6851
DOI
https://doi.org/10.2991/icsem.2013.149How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Fengchao Wang
AU  - Zhenxiu Mo
AU  - Cui Li
PY  - 2013/04
DA  - 2013/04
TI  - Tickets Sales Policy for Two-stage Fares Airline considering Unidirectional Substitution of Cabin and Swapping Applications
BT  - 2nd International Conference On Systems Engineering and Modeling (ICSEM-13)
PB  - Atlantis Press
SN  - 1951-6851
UR  - https://doi.org/10.2991/icsem.2013.149
DO  - https://doi.org/10.2991/icsem.2013.149
ID  - Wang2013/04
ER  -