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OR Practice—Application of a Probabilistic Decision Model to Airline Seat Inventory Control

Peter P. Belobaba
Peter P. Belobaba
Massachusetts Institute of Technology, Cambridge, Massachusetts
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Peter P. Belobaba

Massachusetts Institute of Technology, Cambridge, Massachusetts

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Published Online:1 Apr 1989https://doi.org/10.1287/opre.37.2.183

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  5 February 2010 | Journal of Revenue and Pricing Management, Vol. 10, No. 4
- Capacity Reservation and Cancellation of Critical Resources
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  Transportation Research Part E: Logistics and Transportation Review, Vol. 47, No. 3
- It's all about presenting change
  9 May 2011 | Journal of Revenue and Pricing Management, Vol. 10, No. 3
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  26 April 2011 | Decision Sciences, Vol. 42, No. 2
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  Michael O. Ball,
  Itir Z. Karaesmen,
  21 January 2011 | Manufacturing & Service Operations Management, Vol. 13, No. 2
- Stockouts in Online Retailing
  1 April 2011 | Journal of Marketing Research, Vol. 48, No. 2
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  29 May 2009 | Journal of Revenue and Pricing Management, Vol. 10, No. 2
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  The Service Industries Journal, Vol. 31, No. 3
- Revenue Management
  14 January 2011
- Revenue Management in the Travel Industry
  14 January 2011
- Practical Pricing and the Airline Industry
- Management Accounting Research in the Hospitality Sector
- Do you really know who your customers are?: A study of US retail hotel demand
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  12 November 2010 | Journal of Revenue and Pricing Management, Vol. 10, No. 1
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  The Service Industries Journal, Vol. 31, No. 1
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  International Journal of Production Economics, Vol. 128, No. 2
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  Decision Support Systems, Vol. 49, No. 4
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  Gustavo Vulcano,
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  13 November 2009 | Manufacturing & Service Operations Management, Vol. 12, No. 3
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  Transportation Research Part E: Logistics and Transportation Review, Vol. 46, No. 3
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  21 December 2017 | Journal of the Operational Research Society, Vol. 61, No. 5
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  1 May 2010 | Production and Operations Management, Vol. 19, No. 3
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  Ulrich W. Thonemann,
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  European Journal of Operational Research, Vol. 201, No. 3
- Dynamic Revenue Management in Airline Alliances
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  1 February 2010 | Transportation Science, Vol. 44, No. 1
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  19 June 2009 | Journal of Revenue and Pricing Management, Vol. 9, No. 1-2
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  6 November 2009 | Journal of Revenue and Pricing Management, Vol. 9, No. 1-2
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  11 January 2010 | Journal of Revenue and Pricing Management, Vol. 9, No. 1-2
- Revenue management: Models and methods
- Stand und Perspektiven des Einsatzes von Revenue Management in der Prozessindustrie
  14 July 2009 | Zeitschrift für Planung & Unternehmenssteuerung, Vol. 20, No. 2
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  International Journal of Production Economics, Vol. 121, No. 2
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  Transportation Planning and Technology, Vol. 32, No. 5
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- Optimal sales policy for a class of non-perishable items from fixed capacity over finite horizons
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  24 April 2009 | Operations Research, Vol. 57, No. 4
- Revenue management in China: An industry and research overview
  15 August 2008 | Journal of Revenue and Pricing Management, Vol. 8, No. 4
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  17 April 2009 | Journal of Revenue and Pricing Management, Vol. 8, No. 4
- Revenue management and exchange rate fluctuations: A simulation based on Air Tahiti Nui's experience
  15 May 2009 | Journal of Revenue and Pricing Management, Vol. 8, No. 4
- Room-Risk Management at Sunquest Vacations
  14 May 2009 | Cornell Hospitality Quarterly, Vol. 50, No. 3
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  International Journal of Production Economics, Vol. 120, No. 1
- A Heuristic Approach for Capacity Control in Clouds
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  23 April 2009 | Management Science, Vol. 55, No. 6
- Tourism supply chain management: A new research agenda
  Tourism Management, Vol. 30, No. 3
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  27 March 2009 | Journal of Revenue and Pricing Management, Vol. 8, No. 2-3
- The Role of Robust Optimization in Single-Leg Airline Revenue Management
  Ş. İlker Birbil,
  J. B. G. Frenk,
  Joaquim A. S. Gromicho,
  Shuzhong Zhang,
  1 January 2009 | Management Science, Vol. 55, No. 1
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  29 May 2009
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  European Journal of Operational Research, Vol. 192, No. 2
- Optimal pricing ladders for the sale of airline tickets
  27 June 2008 | Journal of Revenue and Pricing Management, Vol. 8, No. 1
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  11 December 2008 | Decision Sciences, Vol. 39, No. 4
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  European Journal of Operational Research, Vol. 190, No. 2
- Revenue Management with Limited Demand Information
  Yingjie Lan,
  Huina Gao,
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  Itir Karaesmen,
  10 July 2008 | Management Science, Vol. 54, No. 9
- Simulation-Based Optimization of Virtual Nesting Controls for Network Revenue Management
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  Gustavo Vulcano,
  1 August 2008 | Operations Research, Vol. 56, No. 4
- Appointment scheduling in health care: Challenges and opportunities
  17 July 2008 | IIE Transactions, Vol. 40, No. 9
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  Lei Wang,
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  1 March 2008 | Management Science, Vol. 54, No. 3
- An efficient computational approach for railway booking problems
  European Journal of Operational Research, Vol. 185, No. 2
- A Lagrangian relaxation approach for network inventory control of stochastic revenue management with perishable commodities
  21 December 2017 | Journal of the Operational Research Society, Vol. 59, No. 3
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  Transportation Research Part C: Emerging Technologies, Vol. 16, No. 1
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- Customer-Choice-Revenue-Management-Modell in der Automobilindustrie
- Dynamic Revenue Management in Airline Alliances
  SSRN Electronic Journal, Vol. 72
- Basics of Dynamic Programming for Revenue Management
  SSRN Electronic Journal, Vol. 37
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  SSRN Electronic Journal, Vol. 37
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  SSRN Electronic Journal, Vol. 37
- Capacity Rationing in Stochastic Rental Systems with Advance Demand Information
  SSRN Electronic Journal, Vol. 25
- ECONOMIC BENEFIT EVALUATION OF RESERVATION SYSTEMS
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  European Journal of Operational Research, Vol. 182, No. 3
- Customer Behavior Modeling in Revenue Management and Auctions: A Review and New Research Opportunities
  1 November 2007 | Production and Operations Management, Vol. 16, No. 6
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- Aviation Remaining Seats Marketing Decision Support System Based on Revenue Management
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  The Service Industries Journal, Vol. 27, No. 5
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  1 March 2007 | Management Science, Vol. 53, No. 3
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  9 December 2005 | OR Spectrum, Vol. 29, No. 1
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  Transportation Research Part B: Methodological, Vol. 40, No. 7
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  1 July 2006 | Manufacturing & Service Operations Management, Vol. 8, No. 3
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  European Journal of Operational Research, Vol. 168, No. 1
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  1 June 2005 | Operations Research, Vol. 53, No. 3
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  1 February 2005 | Operations Research, Vol. 53, No. 1
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  The Service Industries Journal, Vol. 24, No. 6
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  1 October 2004 | Manufacturing & Service Operations Management, Vol. 6, No. 4
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  9 July 2004 | Decision Sciences, Vol. 35, No. 3
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  1 January 2004 | Management Science, Vol. 50, No. 1
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  IFAC Proceedings Volumes, Vol. 36, No. 14
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  1 July 2003 | Manufacturing & Service Operations Management, Vol. 5, No. 3
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  Journal of Information and Optimization Sciences, Vol. 23, No. 2
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- Dynamic Pricing of Information Products Based on Reinforcement Learning: A Yield-Management Approach
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- Forecasting passenger load for a fixed planning horizon
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  Computers & Industrial Engineering, Vol. 38, No. 3
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- The Inverse Newsvendor Problem: Choosing an Optimal Demand Portfolio for Capacitated Resources
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  1 July 2000 | Management Science, Vol. 46, No. 7
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  1 June 2000 | Management Science, Vol. 46, No. 6
- A Continuous-Time Yield Management Model with Multiple Prices and Reversible Price Changes
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  1 May 2000 | Management Science, Vol. 46, No. 5
- Changes in Hotel Guests’ Willingness to Pay as the Date of Stay Draws Closer
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  1 April 2000 | Southern Economic Journal, Vol. 66, No. 4
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  European Journal of Operational Research, Vol. 121, No. 3
- Model for Determining Airline Fares for Meeting or Convention Demand
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Volume 37, Issue 2

March-April 1989

Pages 180-348

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Published Online:April 01, 1989

Cite as

Peter P. Belobaba, (1989) OR Practice—Application of a Probabilistic Decision Model to Airline Seat Inventory Control. Operations Research 37(2):183-197.

https://doi.org/10.1287/opre.37.2.183

Keywords

decision analysis, applications: airline seat inventory control

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OR Practice—Application of a Probabilistic Decision Model to Airline Seat Inventory Control

Volume 37, Issue 2

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