haku: @author Pfeifer, Ph. E. / yhteensä: 1
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Tekijä: | Pfeifer, Ph. E. |
Otsikko: | The Airline Discount Fare Allocation Problem |
Lehti: | Decision Sciences
1989 : WINTER, VOL. 20:1, p.149-157 |
Asiasana: | DECISION MAKING DECISION ANALYSIS DECISION MODELS |
Kieli: | eng |
Tiivistelmä: | The author describes a useful generalization of the well-known, single-period inventory or newsboy problem. Given a fixed number of seats available on a scheduled airline flight , what percentage should be chosen for early sale at a predetermined discount fare and what percentage reserved for later sale at a higher (full) price? Similarly to the newsboy problem, the optimal decision rule is expressed as a simple function of the percentage difference in the two fares and two relevant probabilities. |
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