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 | The new water feature and reflective pool at Cal Anderson park. Seattle, WA October 8, 2005 |
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« Uma, Oprah. Oprah, Uma. | Main | Storm Shuffle » February 24, 2005Ever Wondered About Airline Prices?
Our Spreadsheet Modeling class is doing a lot of simulation right now, using Crystal Ball (and Excel) to forecast values for various problems. It's interesting stuff. One of the simulations we're working with has to do with airline "overbooking" - computing the optimal overbooking quantity for a specific airline route, given demand forecasts, reimbursement costs, customer-satisfaction costs, fixed operation costs, and whatnot. Anyhow, all the spreadsheet kung fu reminded me of this hysterical ad from the (fictional) "Sky High Airlines" (Alaska Air) about the "super computer" they use to set their prices... 1.66 MB, QuickTime required. Posted by Gavin Shearer at February 24, 2005 2:45 PM. Posted to Entertainment | UW MBA. CommentsPost a commentThanks for signing in, . Now you can comment. (sign out) (If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.) |
