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Quantitative Problem Solving Methods in the Airline Industry: A Modeling Methodology Handbook

Quantitative Problem Solving Methods in the Airline Industry: A Modeling Methodology Handbook

Paperback

Series: International Operations Research & Management Science, Book 169

Business GeneralTechnology & Engineering

ISBN10: 1489988564
ISBN13: 9781489988560
Publisher: Springer Nature
Published: Mar 3 2014
Pages: 462
Weight: 1.55
Height: 1.00 Width: 6.10 Depth: 9.10
Language: English

This book reviews Operations Research theory, applications and practice in seven major areas of airline planning and operations. In each area, a team of academic and industry experts provides an overview of the business and technical landscape, a view of current best practices, a summary of open research questions and suggestions for relevant future research. There are several common themes in current airline Operations Research efforts. First is a growing focus on the customer in terms of: 1) what they want; 2) what they are willing to pay for services; and 3) how they are impacted by planning, marketing and operational decisions. Second, as algorithms improve and computing power increases, the scope of modeling applications expands, often re-integrating processes that had been broken into smaller parts in order to solve them in the past. Finally, there is a growing awareness of the uncertainty in many airline planning and operational processes and decisions. Airlines now recognize the need to develop 'robust' solutions that effectively cover many possible outcomes, not just the best case, blue sky scenario.

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