Airline seat inventory control method and apparatus for computerized airline reservation systems
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United States of America Patent
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-
Oct 19, 1993
Grant Date -
N/A
app pub date -
Dec 19, 1990
filing date -
Dec 19, 1990
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
An airline reservation system implemented using a computer wherein reservations are controlled by a seat inventory control system. The inventory control system produces optimal reservation control using network-wide booking limits while taking into account the probabilistic nature of demand. The inventory control system, based on a concept termed Network-Based Expected Marginal Seat Revenue (EMSR), does not require the large number of variables required by the other network-based approaches, and it incorporates a probabilistic demand model without resorting to computationally intractable integer programming.
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Family
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