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2008 International Seminar on Business and Information Management
Fleet Assignment Problem in Hub-and-Spoke Network
Wuhan, Hubei, China
December 19-December 19
ISBN: 978-0-7695-3560-9
The fleet assignment is a key factor affecting the operating costs of an airline. In this paper, we address the fleet assignment problem (FAP) in which the flight route is taken into account. On the basis of the analysis of the airline’s cost structure and the space and time method, a more comprehensive mathematical model with regard to the hub-and-spoke network is provided. In the model, not only the classic cost construct of airline but also the spill cost and the recapture revenue are considered. Besides the new model for FAP, the corresponding program is also introduced and the computation results are reported in the end.
Index Terms:
hub-and-spoke network; fleet assignment; operating cost;spill cost;recapture revenue.
Citation:
Ke-wu Yan, Jin-fu Zhu, "Fleet Assignment Problem in Hub-and-Spoke Network," isbim, vol. 1, pp.59-62, 2008 International Seminar on Business and Information Management, 2008
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