RM2 Test 16Sep

Which level does the forecasting demand locate at ?

• Leg
• Segment
• O&D
• Service
• Service class

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 type of traffic does RO prioritize following O&D control?

• Connecting traffic
• Local traffic
• Regular traffic
• Mapped traffic
• Depend on which one earning more profit in network scale

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 the outputs to determine the availability in RO O&D?

• Authorization
• Bid price curve
• Average fare
• Leg displacement cost
• Prorated reduced cost

What are the below methods to adjust the inventory availability 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 the 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