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Capacity Options for Revenue Management

Capacity Options for Revenue Management PDF Author: Rolf Hellermann
Publisher: Springer Science & Business Media
ISBN: 3540344209
Category : Business & Economics
Languages : en
Pages : 208

Book Description
This book proposes capacity options as a flexible alternative air cargo contract type, and illustrates how capacity can be priced through option contracts. The analysis is accomplished by means of an analytical multivariate optimization model under price and demand uncertainty. A case study using data from a leading German carrier illustrates the financial potential. Finally, the author shows how capacity-option contracts integrate into the context of air cargo revenue management.