Capacity Options for Revenue Management

Theory and Applications in the Air Cargo Industry

Paperback Engels 2006 2006e druk 9783540344193
Verwachte levertijd ongeveer 9 werkdagen

Samenvatting

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.

Specificaties

ISBN13:9783540344193
Taal:Engels
Bindwijze:paperback
Aantal pagina's:199
Uitgever:Springer Berlin Heidelberg
Druk:2006

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Inhoudsopgave

Capacity Agreements in the Air Cargo Industry.- Literature Review on Supply Contracting and Revenue Management.- Capacity-Option Pricing Model.- Model Results and Comparative Statics.- Model Extensions: Distribution of Profits, Correlations, and Overbooking.- Application Case Study in the Air Cargo Industry.- Managerial Implications and Conclusion.

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        Capacity Options for Revenue Management