Question: respond to only one question M2 Discussion: Optimizing Airline Pricing - Section 02 From INF0562 FA20 Read the following articles. a) I'm Not Paying That!

respond to only one question M2 Discussion:

respond to only one question M2 Discussion:

respond to only one question

M2 Discussion: Optimizing Airline Pricing - Section 02 From INF0562 FA20 Read the following articles. a) I'm Not Paying That! e, by Christine Currie (found in the+Plus Magazine... Living Mathematics in December 1, 2005). This older article provides a simplified explanation of a common application of mathematical programming and a good introduction to the topic. b) Airline Pricing Secrets: How Carriers Come Up With Fares e in CNN Travel from June 16, 2017 The second article and accompanying video (The Science Behind Airfare Pricing el provided a more updated version of not only the pricing model but also discusses new technologies and apps that enable customized pricing, airfare predictions, un-bundline services and customers abilities to upgrade. c) Coronavirus Has Upended Everything Airlines Know About Pricing and the video HOW ICOMID-19 Broke the Airline. Pricing Model This article and video discuss the uncertain impact of COVIDON the future of airline pricing Please respond to one of the leading questions below then respond to two or more additional comments from your classmates Please respond to one of the leading questions below, then respond to two or more additional comments from your classmates. 1. What is your experience with pricing on airlines? Have you benefited by purchasing tickets at a lower price by ordering at the right time"? Paid a high premium on your flights? Affected by an over-booked flight? 2. Do you find this system to be fair and ethical? Why or why not? There has been much discussion in the past few years regarding airline "overbooking" practices. What are your thoughts on this practice as a business practice. 3. How will OVID change your thinking for now and in the future regarding booking flights and what you are willing to pay? 4. What are your thoughts on the new apps and websites that offer airfare predictions or allow passengers to bid on upgrades? 5. What other industries use revenue management to price products or services? What was your experience with this industry? I am looking for concise responses. View the Discussion Rubrie

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