Table 24.4 shows the parameters that are used in this example.
Table 24.4: Parameters
|
Parameter Name |
Interpretation |
|---|---|
|
num_seats[class] |
Number of seats per class per plane |
|
price[period,class,option] |
Price level (in £) |
|
prob[scenario] |
Probability of demand level scenario per period |
|
demand[period,scenario,class,option] |
Demand for period, scenario, and class if price level option is chosen |
|
actual_demand[period,class,option] |
Actual demand for period and class if price level option is chosen |
|
expected_demand[period,class,option] |
Expected demand for period and class if price level option is chosen |
|
num_periods |
Number of periods |
|
num_planes |
Number of planes available to be used |
|
plane_cost |
Cost to hire each plane (in £) |
|
transfer_fraction_ub |
Upper bound on fraction of seats that can be transferred to another category |
|
num_options |
Number of price level options |
|
actual_price[period,class] |
Actual price level for period and class |
|
actual_sales[period,class] |
Actual sales for period and class |
|
actual_revenue[period,class] |
Actual revenue for period and class |
|
current_period |
Current period for optimization |