Airline seat inventory control method and apparatus for computerized airline reservation systems
US5255184A · kind A · utility
Assignee
Inventors
Key dates
| Filing date | Dec 19, 1990 |
| Grant date | Oct 19, 1993 |
| Priority date | — |
| Expiry date | Dec 19, 2010 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q10/025
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
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.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.