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8.2.14 An Introduction to Linear Optimization - Video 8: The Edge of Revenue Management
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MIT 15.071 The Analytics Edge, Spring 2017 - 8.2.14 An Introduction to Linear Optimization - Video 8: The Edge of Revenue Management

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  • 16 hours of video
  • Certificate of completion
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MIT 15.071 The Analytics Edge, Spring 2017 8.2.14 An Introduction to Linear Optimization - Video 8: The Edge of Revenue Management

8.2.14 An Introduction to Linear Optimization - Video 8: The Edge of Revenue Management Transcript and Lesson Notes

MIT 15.071 The Analytics Edge, Spring 2017 View the complete course: https://ocw.mit.edu/15-071S17 Instructor: Dimitris Bertsimas The benefit of revenue management to the airline industry. License: Creative Commons BY-NC

Quick Summary

MIT 15.071 The Analytics Edge, Spring 2017 View the complete course: https://ocw.mit.edu/15-071S17 Instructor: Dimitris Bertsimas The benefit of revenue management to the airline industry. License: Creative Commons BY-NC

Key Takeaways

  • Review the core idea: MIT 15.071 The Analytics Edge, Spring 2017 View the complete course: https://ocw.mit.edu/15-071S17 Instructor: Dimitris Bertsimas The benefit of revenue management to the airline industry. License: Creative Commons BY-NC
  • Understand how airline deregulation fits into 8.2.14 An Introduction to Linear Optimization - Video 8: The Edge of Revenue Management.
  • Understand how PEOPLExpress fits into 8.2.14 An Introduction to Linear Optimization - Video 8: The Edge of Revenue Management.
  • Understand how American Airlines fits into 8.2.14 An Introduction to Linear Optimization - Video 8: The Edge of Revenue Management.
  • Understand how Robert Crandall fits into 8.2.14 An Introduction to Linear Optimization - Video 8: The Edge of Revenue Management.

Key Concepts

Full Transcript

MIT 15.071 The Analytics Edge, Spring 2017 View the complete course: https://ocw.mit.edu/15-071S17 Instructor: Dimitris Bertsimas The benefit of revenue management to the airline industry. License: Creative Commons BY-NC-SA More information at https://ocw.mit.edu/terms More courses at https://ocw.mit.edu

Lesson FAQs

What is 8.2.14 An Introduction to Linear Optimization - Video 8: The Edge of Revenue Management about?

MIT 15.071 The Analytics Edge, Spring 2017 View the complete course: https://ocw.mit.edu/15-071S17 Instructor: Dimitris Bertsimas The benefit of revenue management to the airline industry. License: Creative Commons BY-NC

What key concepts are covered in this lesson?

The lesson covers airline deregulation, PEOPLExpress, American Airlines, Robert Crandall, US Air.

What should I learn before 8.2.14 An Introduction to Linear Optimization - Video 8: The Edge of Revenue Management?

Review the previous lessons in MIT 15.071 The Analytics Edge, Spring 2017, then use the transcript and key concepts on this page to fill any gaps.

How can I practice after this lesson?

Practice by applying the main concepts: airline deregulation, PEOPLExpress, American Airlines, Robert Crandall.

Does this lesson include a transcript?

Yes. The full transcript is visible on this page in indexable HTML sections.

Is this lesson free?

Yes. CourseHive lessons and courses are available to learn online for free.

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