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8.2.2 An Introduction to Linear Optimization - Video 2: A Single Flight
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MIT 15.071 The Analytics Edge, Spring 2017 - 8.2.2 An Introduction to Linear Optimization - Video 2: A Single Flight

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MIT 15.071 The Analytics Edge, Spring 2017 8.2.2 An Introduction to Linear Optimization - Video 2: A Single Flight

8.2.2 An Introduction to Linear Optimization - Video 2: A Single Flight 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 An example of how linear optimization works in revenue management. License: Creative Commo

Quick Summary

MIT 15.071 The Analytics Edge, Spring 2017 View the complete course: https://ocw.mit.edu/15-071S17 Instructor: Dimitris Bertsimas An example of how linear optimization works in revenue management. License: Creative Commo

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 An example of how linear optimization works in revenue management. License: Creative Commo
  • Understand how New York fits into 8.2.2 An Introduction to Linear Optimization - Video 2: A Single Flight.
  • Understand how Los Angeles fits into 8.2.2 An Introduction to Linear Optimization - Video 2: A Single Flight.
  • Understand how Early Bird fares fits into 8.2.2 An Introduction to Linear Optimization - Video 2: A Single Flight.
  • Understand how Last Minute fares fits into 8.2.2 An Introduction to Linear Optimization - Video 2: A Single Flight.

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 An example of how linear optimization works in revenue management. 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 8.2.2 An Introduction to Linear Optimization - Video 2: A Single Flight about?

MIT 15.071 The Analytics Edge, Spring 2017 View the complete course: https://ocw.mit.edu/15-071S17 Instructor: Dimitris Bertsimas An example of how linear optimization works in revenue management. License: Creative Commo

What key concepts are covered in this lesson?

The lesson covers New York, Los Angeles, Early Bird fares, Last Minute fares, time series.

What should I learn before 8.2.2 An Introduction to Linear Optimization - Video 2: A Single Flight?

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: New York, Los Angeles, Early Bird fares, Last Minute fares.

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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