Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Based on the two inventory control methods we learned about, I would prefer a leg-based inventory control approach using the nested booking structure for a
Based on the two inventory control methods we learned about, I would prefer a leg-based inventory control approach using the nested booking structure for a small airline. If passengers need to fly multiple segments in a trip, they will just need to pay for each leg. This will also allow the airline to receive full revenue for each purchased seat on each plane. As a small airline, the route and business structure may not be as complex as a large airline so having a simple, straightforward inventory control and booking structure would be best. The nested structure provides the best opportunity for an airline to maximize their revenue opportunities for each leg by having seats in all fare classes available at all times until capacity is met. True or false? and what are the potential challenges
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started