Capacity Options for Revenue Management
Theory and Applications in the Air Cargo Industry
Paperback Engels 2006 2006e druk 9783540344193Samenvatting
This book proposes capacity options as a flexible alternative air cargo contract type, and illustrates how capacity can be priced through option contracts. The analysis is accomplished by means of an analytical multivariate optimization model under price and demand uncertainty. A case study using data from a leading German carrier illustrates the financial potential. Finally, the author shows how capacity-option contracts integrate into the context of air cargo revenue management.
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