Special Issue Papers: Forecasting and control of passenger bookings

By K. Littlewood.. 2005

551 citations recorded by the source corpus.

How researchers see this paper

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Optimization of mixed fare structures: Theory and applications (2010, background): “The optimization of airline seat inventory to maximize revenue given multiple fare products on a single flight leg can be traced back to Littlewood (1972), who solved the fare class mix problem for two nested fare classes.”
A Reinforcement Learning Algorithm Based on Policy Iteration for Average Reward: Empirical Results with Yield Management and Convergence Analysis (2004, methodology): “Belobaba (1989) developed the EMSR (Expected Marginal Seat Revenue) model using an equation in Littlewood (1972) .”
Applications of Operations Research in the Air Transport Industry (2003, background): “The forecasting of expected booking demands for future flight departures has been addressed in many OR papers, including Littlewood (1972), L’Heureux (1986), Lee (1990), and Curry (1994).”
A comparison of forecasting methods for hotel revenue management (2003, methodology): “Typical of the simple methods used in industry, Littlewood (1972) proposed that a mean of historical bookings on previous departures of the same flight be used to estimate the number of bookings on future flights.”