WANG Yu, SUN Hong. Game model of flight seat inventory control in competitive environment[J]. Journal of Traffic and Transportation Engineering, 2009, 9(3): 92-97. doi: 10.19818/j.cnki.1671-1637.2009.03.018
Citation: WANG Yu, SUN Hong. Game model of flight seat inventory control in competitive environment[J]. Journal of Traffic and Transportation Engineering, 2009, 9(3): 92-97. doi: 10.19818/j.cnki.1671-1637.2009.03.018

Game model of flight seat inventory control in competitive environment

doi: 10.19818/j.cnki.1671-1637.2009.03.018
More Information
  • Author Bio:

    WANG Yu (1983-), male, assistant, +86-838-5183068, wangyu2001.111@163.com

  • Received Date: 2008-12-12
  • Publish Date: 2009-06-25
  • Based on the analysis of domestic aviation market, the numbers of each airline's available tickets under different fare classes were regarded as decision variables, the seat capacity was taken as constraint, each airline's revenue maximum was taken as multi-objective function.A civil airline seat inventory control model in competition environment was set up, Lagrange multiplier method was used to solve the numbers of each airline's optimal low fare tickets, and the equilibrium seat was worked out.Simulation result shows that each airline's seat inventory control is restricted by each other and can arrive at equilibrium state.Due to the impact of passenger demand randomness, the model can achieve an equilibrium probability of 12.68% and a non-equilibrium probability of 87.32% in 12 000 simulations.The equilibrium is dynamic and hard to reach.The conclusions are consistent with practice, so the model is feasible.

     

  • loading
  • [1]
    BELOBABA P P. Air travel demand and airline seat inventorymanagement[D]. Cambridge: Massachusetts Institute ofTechnology, 1987.
    [2]
    BELOBABA P, WILSONJ L. I mpacts of yield managementin competitive airline markets[J]. Journal of Air Transporta-tion Management, 1997, 3(1): 3-9. doi: 10.1016/S0969-6997(97)82787-1
    [3]
    ZHAO X, ATKI NS D. Strategic revenue management underprice and seat inventory competition[R]. Vancouver: University of British Columbia, 2002.
    [4]
    NETESSI NE S, SHUMSKY R A. Revenue managementgames: horizontal and vertical competition[J]. ManagementScience, 2005, 51(5): 813-831.
    [5]
    GAO Qiang, ZHUJin-fu, LAN Bo-xiong. Research of appli-cation of revenue management in civil airline[J]. ScienceResearch Management, 2006, 27(6): 125-129. (in Chinese) https://www.cnki.com.cn/Article/CJFDTOTAL-KYGL200606018.htm
    [6]
    ZHANG Zhou-tang. Development of passenger transport sys-tem[J]. Journal of Traffic and Transportation Engineering, 2004, 4(3): 85-89. (in Chinese) http://transport.chd.edu.cn/article/id/200403020
    [7]
    GAO Qiang. Research on some key problems in airline revenuemanagement[D]. Nanjing: Nanjing University of Aeronauticsand Astronautics, 2006. (in Chinese)
    [8]
    PENG Hui, CHEN Kuan-min, WANG Jing-wei, et al. Travelchoice characteristics of transportation corridor of Europe-Asia[J]. Journal of Traffic and Transportation Engineering, 2005, 5(1): 120-123. (in Chinese) http://transport.chd.edu.cn/article/id/200501028
    [9]
    WENJun. Game analysis on safety supervision of aviationtransportation[J]. China Safety Science Journal, 2008, 18(3): 83-87. (in Chinese) https://www.cnki.com.cn/Article/CJFDTOTAL-ZAQK200803017.htm
    [10]
    XI AShao-gang, ZHAI Jing. The opti mized controlling modelof the game theory[J]. Operations Research and Manage-ment Science, 2002, 11(6): 32-35. (in Chinese) https://www.cnki.com.cn/Article/CJFDTOTAL-YCGL200206006.htm
    [11]
    CURRY R E. Opti mal airline seat allocation withfare classesnested by origins and destinations[J]. TransportationScience, 1990, 24(3): 193-204.
    [12]
    GAO Qiang, ZHU Jin-fu, CHEN Ke-jia. Multi-leg seatinventory control model for airline revenue management[J]. Journal of Traffic and Transportation Engineering, 2005, 5(4): 82-85. (in Chinese) http://transport.chd.edu.cn/article/id/200504017
    [13]
    HU Yi-ding, GAN Jun-ying. The application of MATLABsoftware in the digital i mage processing[J]. Software Guide, 2008, 7(5): 139-140. (in Chinese) https://www.cnki.com.cn/Article/CJFDTOTAL-RJDK200805060.htm

Catalog

    Article Metrics

    Article views (677) PDF downloads(539) Cited by()
    Related

    /

    DownLoad:  Full-Size Img  PowerPoint
    Return
    Return