The Role of Robust Optimization in Single-Leg Airline Revenue Management

被引：36

作者：

Birbil, S. Ilker ^{[1
]}

Frenk, J. B. G. ^{[2
]}

Gromicho, Joaquim A. S. ^{[3
,4
]}

Zhang, Shuzhong ^{[5
]}

机构：

[1] Sabanci Univ, Fac Engn & Nat Sci, TR-34956 Istanbul, Turkey

[2] Erasmus Univ, NL-3000 DR Rotterdam, Netherlands

[3] Vrije Univ Amsterdam, FEWEB Econ, NL-1081 HV Amsterdam, Netherlands

[4] ORTEC, NL-2800 AL Gouda, Netherlands

[5] Chinese Univ Hong Kong, Dept Syst Engn & Engn Management, Shatin, Hong Kong, Peoples R China

来源：

MANAGEMENT SCIENCE | 2009年 / 55卷 / 01期

关键词：

airline revenue management; single-leg problems; static models; dynamic models; robust optimization; MODEL;

D O I：

10.1287/mnsc.1070.0843

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

In this paper, we introduce robust versions of the classical static and dynamic single-leg seat allocation models. These robust models take into account the inaccurate estimates of the underlying probability distributions. As observed by simulation experiments, it turns out that for these robust versions the variability compared to their classical counterparts is considerably reduced with a negligible decrease in average revenue.

引用

页码：148 / 163

页数：16

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