Advances in Operations Research / 2012 / Article / Tab 3

Review Article

Unconstraining Methods in Revenue Management Systems: Research Overview and Prospects

Table 3

Factors impacting on forecasting of RM.

No.Factors

1Seasonality
2Day-of-week and time-of-day variations
3Special events
4Sensitivity to pricing actions
5Demand dependencies between fare classes
6Group bookings
7Cancellations
8Censorship of historical demand data
9Defections from delayed flights
10No shows
11Recapture

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