Revenue Management and Fleet Assignment Problem
Thursday, December 29, 2005
Have been working for the past two nights on a very interesting project - an Integer program for Airline Fleet Assignment – for the Revenue Management course. I had been reading some papers written by doctorates working in the airline industry and I decided to put my paper knowledge to practice! Trying to understand the complex equations and modeling them in excel was challenging enough for me to enjoy :-) Unfortunately, there is a constraint on the number of decision variables that excel add-in solver can take and so I can’t model a bigger problem… wanted to do the fleet assignment for the current schedule followed by SpiceJet… I have done the solution manually, but I am trying to build an automated model for the same! The model is ready but unable to verify :-(
Tomorrow I am presenting this in class… This project was my motivator for me learning something from this course. Since we are just 13 students in class, we are working on five projects which are going to demonstrated tomorrow and the prof is treating us for pizzas after that!
I have uploaded a couple of pictures (Thanks to Kedar) clicked during Poseidon - One of them, 'Dawn of Poseidon' won the third place in Eikona photography competition. I just liked the two, so putting them up here!
Dawn of Poseidon:
Face of Poseidon:
(do look for the face)
This sounds freaking fundu! I thought only Software stuff would be OHT! Neways, I am reminded of my ignorance again! All the best for your preso!
Try using the solver add-in from http://www.solver.com/ , it can handle much more no. of variables :))..
Geeky answer :P, but we did something similar in our Mathematical Modeling and Decision Making course last semester :))
Saw ur blog from orkut, which I saw via a frnd's profile :)
@Harish
When did software stuff become OHT for you??
@Ranjan
Hey... thanks for that add-in. Heard about it later! and saw ur msg in orkut too!
Keep visiting :-)
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