Unconstraining Methods in Revenue Management Systems: Research Overview and Prospects
Table 3
Factors impacting on forecasting of RM.
No.
Factors
1
Seasonality
2
Day-of-week and time-of-day variations
3
Special events
4
Sensitivity to pricing actions
5
Demand dependencies between fare classes
6
Group bookings
7
Cancellations
8
Censorship of historical demand data
9
Defections from delayed flights
10
No shows
11
Recapture
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