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A brief introduction to revenue management in airline industry
Abstract: Modeling and optimization is an integral part of a data scientist. How to formulate a problem and then to develop strategies in a complex business setting maybe the most important contributor to success. Dr. Kuang will walk you through the history of revenue management in airline industry and introduce a simple but powerful model named Expected Marginal Seat Revenue (EMSR). Bio: Dr. Kuang received his PhD in operation research from University of Michigan in 2015. Since then he has been working in revenue management and statistical analysis as a Sr Analyst in United Airlines. Schedule: 6:00 p.m - 6:30 p.m is time for social. Seminar will start at 6:30 p.m. Please note the office security needs to check your government issued ID (Driver License or Passport, please note Student ID is not valid for entry) . Thanks for your understanding. Our Sponsor: Arity ( https://www.arity.com/ )

Arity

222 W Merchandise Mart Plaza Suite 875 · Chicago, IL

Respond by: 8/19/2018

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    PyData is an educational program of NumFOCUS, a 501(c)3 non-profit organization in the United States. PyData provides a forum for the international community of users and developers of data analysis tools to share ideas and learn from each other. The global PyData network promotes discussion of best practices, new approaches, and emerging technologies for data management, processing, analytics, and visualization. PyData communities approach data science using many languages, including (but not limited to) Python, Julia, and R.

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