Application of a Seat-based Booking Control Mechanism in Rail Transport with Customer Diversion

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Tarih

2022

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Eos Assoc

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

The ticket booking control mechanism is a part of the Revenue Management (RM), commonly used in the airline industry. This study aims to optimize seat allocation in the railway industry and compare the performance of three booking control techniques by considering customer behavior. The preferences of customers who cannot find their desired ticket are considered as a customer diversion matrix, which also includes waiting and no-purchase probability. Alpha Ticket Booking System (TBS) with buckets, which assigns seats to buckets, was adapted and implemented on the Turkish railway for the first time. A genetic algorithm that is specifically written to apply the TBS, including customer diversion, is used in simulations to obtain approximate solutions. It is seen that TBS gave successful results with a revenue increase of around 5.8%. We can also suggest, considering customer behavior, that the revenue can be raised by sales in periods.

Açıklama

Anahtar Kelimeler

revenue management, railway transportation, customer behavior, genetic algorithm, seat inventory control

Kaynak

Engineering Technology & Applied Science Research

WoS Q Değeri

N/A

Scopus Q Değeri

Cilt

12

Sayı

5

Künye