A New Approach To The Airline İndustries' Revenue Management Problem Through Options

dc.contributor.authorTürkmen, Banu
dc.contributor.authorAsil Bulgak, Akif
dc.contributor.authorAkgündüz, Ali
dc.date.accessioned2014-11-13T13:40:35Z
dc.date.available2014-11-13T13:40:35Z
dc.date.issued2005en_US
dc.departmentİstanbul Ticaret Üniversitesien_US
dc.description.abstractIn the market place, service/product providers often use some limited resources to satisfy different demands. This practice leads to question of how to manage the selling process of limited resources to maximize the total revenue. This study presents an overview on the impact of dynamic capacity management through options approach for airline industries. A Revenue Management model using options approach is also presented. Capacity is an important constraint in seat inventory control and using the capacity in a more flexible way can bring operational efficiency with higher loading factors, that is defined as the ratio of passengers over total capacity for a flight leg. Options for the right of buying and selling plane tickets would potentially lead to a new proactive market realm by taking control in allocating capacity and to increase efficiency of the booking process.en_US
dc.description.sponsorshipİstanbul Ticaret Üniversitesien_US
dc.identifier.isbn975651616X
dc.identifier.issn1303-5495
dc.identifier.urihttps://hdl.handle.net/11467/862
dc.language.isoenen_US
dc.publisherİstanbul Ticaret Üniversitesien_US
dc.relation.ispartofThe Effects Of Globalization On Financial Reportingen_US
dc.relation.ispartofseriesThe Effects Of Globalization On Financial Reporting : 25-29 May 2005, Conference Proceedings;17
dc.relation.publicationcategoryKonferans Öğesi - Uluslararası - Başka Kurum Yazarıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectOptions, Revenue Management, Dynamic Capacity Management, Seat Inventory Control, Market Efficiency.en_US
dc.titleA New Approach To The Airline İndustries' Revenue Management Problem Through Optionsen_US
dc.typeConference Objecten_US

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