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  • Air Revenue Management Demonstration

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    Shalako45
    16 Ansichten2 Seiten
    1) The document contains a table with sample demand data points relating demand to price. 2) It then shows a linear regression analysis was performed to estimate the demand function as D=a-bp, with calculated values for a and b. 3) The optimal single price to maximize revenue was then calculated based on the demand estimation.

    Originalbeschreibung:

    excel

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    1) The document contains a table with sample demand data points relating demand to price. 2) It then shows a linear regression analysis was performed to estimate the demand function as D=a-bp, with calculated values for a and b. 3) The optimal single price to maximize revenue was then calculated based on the demand estimation.

    Copyright:

    © All Rights Reserved
    Als XLSX, PDF, TXT herunterladen oder online auf Scribd lesen
    Markieren Sie unangemessene Inhalte
    16 Ansichten2 Seiten

    Air Revenue Management Demonstration

    Hochgeladen von

    Shalako45
    1) The document contains a table with sample demand data points relating demand to price. 2) It then shows a linear regression analysis was performed to estimate the demand function as D=a-bp, with calculated values for a and b. 3) The optimal single price to maximize revenue was then calculated based on the demand estimation.

    Copyright:

    © All Rights Reserved
    Als XLSX, PDF, TXT herunterladen oder online auf Scribd lesen
    Markieren Sie unangemessene Inhalte
    von 2

    D=a-bp

    Sample D Demand Price


    9 450 463
    8 400 569
    10 500 457
    4 200 719 600
    1 50 758
    3 150 732 500
    f(x) = - 1.2577079438x +
    5 250 701 Now
    400
    2 100 746 Optimal single price 431.1839
    7 350 607 Demand 542.3 300
    6 300 685 Revenue 233831
    200

    100

    0
    400 450 500 550

    Low price 701.4086 Low Demand 302.1 Low Revenue 211872.9


    High price 941.5833 High Demand -99.6 High Revenue -93809.3
    PAX 202.4 Total Revenue 118063.6
    D 838.93-0.7099x
    a 1084.6
    b 1.2577

    Price Demand
    Demand 463 450
    569 400
    457 500
    f(x) = - 1.2577079438x + 1084.5866034026 719 200
    758 50
    732 150
    701 250
    746 100
    607 350
    685 300

    450 500 550 600 650 700 750 800

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