Title :
The Stochastic Model of Multi-leg Capacity Allocation for Air Cargo Revenue Management
Author :
Luo, Li ; Shi, Xianyong
Author_Institution :
Service Manage. Inst., Sichuan Univ., Chengdu
Abstract :
This paper considers an air cargo capacity allocation problem with multi-leg network. It mainly bases on the differences between the air passenger and air cargo revenue management. We develop a stochastic model of the problem and solve the model with the chance constrained programming method. Through the numerical simulation, we can find the model´s feasibility. Finally we give an allocation policy which is near optimal. The results show that it can improve the revenue of the air company
Keywords :
financial management; freight handling; travel industry; air cargo revenue management; air company; air passenger; chance constrained programming method; multileg capacity allocation; Air transportation; Books; Companies; Costs; Energy management; Fluctuations; Marketing and sales; Road transportation; Routing; Stochastic processes; Air cargo revenue management; Capacity Allocation; Chance Constrained Programming; Stochastic Model;
Conference_Titel :
Service Systems and Service Management, 2006 International Conference on
Conference_Location :
Troyes
Print_ISBN :
1-4244-0450-9
Electronic_ISBN :
1-4244-0451-7
DOI :
10.1109/ICSSSM.2006.320754
