Incorporation of revenue impact of ancillary services into revenue-driven inventory system

Abstract of the Disclosure An apparatus, program product and method perform availability determinations in an inventory system by adjusting a base yield associated with a travel product based upon a revenue associated with one or more ancillary services associated with the travel product. By doing s...

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Bibliographic Details
Main Authors ROBINI, MICHAEL, PIOGER, AURELIEN, RUBSAMEN, ROMAN
Format Patent
LanguageEnglish
Published 18.08.2016
Subjects
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Summary:Abstract of the Disclosure An apparatus, program product and method perform availability determinations in an inventory system by adjusting a base yield associated with a travel product based upon a revenue associated with one or more ancillary services associated with the travel product. By doing so, the price and/or availability of the travel product may be modified based upon a revenue impact of the ancillary service(s). AVAILABILITY FOR EACH SSR YES PRICE IN REQUEST? CALL PRICING SYSTEM TO FIG. 6 RETRIEVE SSR PRICE RETURNED? RETRIEVE PRICE FROM PRE-COMPUTED SSR PRICE DATABASE RETRIEVE SSR FACTOR --- + FROM SSR FACTORS 258 Y, DETERMINE SSR REVENUE BY ADJUSTING SSR PRICE BY RETRIEVE BASE YIELD FROM YIELDS DATABASE DETERMINE UPDATED YIELD BY ADJUSTING BASE YIELD BY SUM OF SSR REVENUES DETERMINE AVAILABILITY
Bibliography:Application Number: AU20160200602