PRC Test 16Sep21

Accepting and rejecting reservation requests to optimize revenue by O&D at which value level

• Leg
• Market
• Network
• Local traffic
• Connecting traffic

What are the opportunities when implementing O&D control?

• Discreminate between local and connecting traffic

• Optimized revenue at leg level

• Increase the competitiveness with OAL implementing O&D RM

• More responsive to changes in the fare environment

Which opinions are appropriate for O&D thinking?

• Forecasting demand and managing inventory by leg-class
• Decisions are made to maximize RASK, leg load factor, and share
• Forecasting demand and managing inventory by O&D
• Decisions are made to maximize network revenue metrics
• Reporting is leg-based

What are below methods to adjust the inventory availbility in financial control?

• Adjust AU of service classes in RO
• Modify class AU directly in Reservation system
• Adjust O&D demands in RO
• Adjust demand share between classes of product group, no of stops & time bucket

Which is/are the correct opinions following O&D concept?

• Make intuitive assessment of the "right" amount of inventory seat per class
• RM must coordinates with other RMs
• RM analysts focus only on their flight legs
• Forecasting leg-class demand across a flight leg

What elements does the system collect to calculate average fare of each class?

• Historical fare value
• Existing (future) fare value
• Fare basis weight based on historical coupon data
• Fare traffic ratio based on advance booking data

How does RO system make a class available if applying financial control?

• Leg class authorization of this class > 0
• Choosing the most constrained availability of corresponding cabin
• Bid price =< Average fare of this class
• Bid price > Average fare of this class
• Bid price =< Market fare

What does RM focus on in RM O&D?

• Focusing on market share
• Making the highest load factor and revenue
• Managing demand/flows across the whole network vs focusing on invidual legs
• Ensure we capture the high traffic flow assigned by leg

What is the most suggested number of season that RM should define in RO system ?

• 1
• 2
• 3
• 4
• 5

How many demand calendar can be created for each Market ?

• 1
• 2
• 3
• 4
• Many