Barnhart, C., Chiraphadhanakul, V., and Eggenberg, N.

Explore the past to improve the Future: How can airlines benefit from historical data?

Speaker: Eggenberg Niklaus

INFORMS

October 11, 2009

Airlines’ schedules are built such as to maximize expected profit. Such schedules turn out to be more sensitive to delay propagation and have lower on-time performance. Robust schedules are thus used instead. In this paper, we compare two different approaches to derive robust schedules, being either based on historical data or not. We show how the way historical data is considered affects the solutions’ quality.

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