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Optimal airline overbooking policy for a single leg with multiple flights per day

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dc.contributor.author Zouein, P.
dc.contributor.author Abillama, W.
dc.date.accessioned 2017-08-09T07:37:08Z
dc.date.available 2017-08-09T07:37:08Z
dc.identifier.uri http://hdl.handle.net/10725/6020
dc.description.abstract This paper addresses the problem of determining optimal overbooking policies on a single flight leg with multiple daily flights. In particular, it solves for the optimal booking level to accept on each of n daily flights from an origin to a destination point that minimizes the total cost of denied boarding and revenue losses. The problem is modeled and solved as a stochastic dynamic program where optimal overbooking policies for a single origin destination flight leg are derived for up to 3 daily flights. An example illustrating the computation of optimal booking levels using the policies derived from the proposed model is shown for the case of Middle East Airlines daily flights on the Paris-Beirut leg. en_US
dc.language.iso en en_US
dc.publisher Acta en_US
dc.title Optimal airline overbooking policy for a single leg with multiple flights per day en_US
dc.type Conference Paper / Proceeding en_US
dc.author.school SOE en_US
dc.author.idnumber 199690230 en_US
dc.author.department Industrial And Mechanical Engineering en_US
dc.description.embargo N/A en_US
dc.article.pages https://orcid.org/0000-0003-1802-0459 en_US
dc.identifier.ctation Zouein, P., & Abillama, W. (2003). Optimal Airline Overbooking Policy for a Single Leg with Multiple Flights per Day. In Modelling, Identification and Control (pp. 172-178). en_US
dc.author.email pzouein@lau.edu.lb
dc.conference.title Proceeding (377) Modelling, Identification, and Control - 2003 en_US
dc.identifier.tou http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php en_US
dc.identifier.url http://www.actapress.com/PaperInfo.aspx?PaperID=12649&reason=500 en_US
dc.author.affiliation Lebanese American University en_US


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