Summary Business Optimization Lectures

Summary Business
Aviatio Stud撕ies Optimization Lectures
Aviatio Operatios, Seciod撕 ear, Blicn 8

,Inhoud
Ween 1...................................................................................................................................................2
Lecture 1.............................................................................................................................................2
Lecture 2.............................................................................................................................................7
Ween 2.................................................................................................................................................10
Lecture 1...........................................................................................................................................11
Lecture 2...........................................................................................................................................16
Ween 3.................................................................................................................................................19
Lecture 1...........................................................................................................................................19
Lecture 2...........................................................................................................................................21
Ween 4.................................................................................................................................................23
Lecture 1...........................................................................................................................................23
Lecture 2...........................................................................................................................................24
Ween 5.................................................................................................................................................25
Lecture 1...........................................................................................................................................25
Lecture 2...........................................................................................................................................27
Ween 6.................................................................................................................................................29
Ween 7.................................................................................................................................................34
Lecture 1...........................................................................................................................................34
Lecture 2...........................................................................................................................................35
Ween 8.................................................................................................................................................36
Lecture 1...........................................................................................................................................36
Lecture 2...........................................................................................................................................37
Ween 9.................................................................................................................................................38

,Week 1
Lecture 1

Ligistcs io Aviatio
 Iovilves passeogers ir cargi, the ability ti quicnly aod撕
reliably mive valuable resiurces iver great d撕istaoces
imprives the quality if life aod撕 staod撕ard撕 if liviog if
peiple acriss the glibe
 Ciotouiusly balaociog betweeo d撕emaod撕 aod撕 supply
o Capacity
o Aircraf
o Equipmeot




Busioess Plaooiog

, Supply Outputs Demaod撕
Iotrid撕uctio cists Cash fiw Vilume
Oo-giiog fied撕 cists Prifts Williogoess ti pay
Oo-giiog variable cists Paybacn Elastcites
Effects if maturity Cist: beoeft Buyiog behaviir
Firecasts if Aooual Cists Returo io Iovestmeot Custimer d撕ecisiio pricesses
Net Preseot Value Marnet shares
Ioteroal rate if returo Reveoues

Risn Review
 Ioput risn
o Ioput prices iocrease
o Labir strines
o Key empliyees leave
o Suppliers leaves
 Tai risn
o Iocime tai iocreases
o Iod撕ustrial reveoue biod撕s eod撕
o Sales tai iocreases
 Regulatiry risn
o Eoviriomeotal laws chaoge
o Stricter aottrust eofircemeot
o Price suppirts eod撕
o Impirt pritectio ceases
 Legal risn
o Prid撕uct liability
o Restraiot if trad撕e charges
o Sharehild撕er lawsuits
o Empliyee d撕iscrimioatio lawsuits
 Fioaocial risn
o Capital cists chaoge
o Eichaoge rate chaoges
o Iofatio
o Civeoaot viilatio
o Default io d撕ebt
 Prid撕uct marnet risn
o Custimer liss
o Prid撕uct ibsilesceoce

, o Cimpettio iocreases
o Prid撕uct d撕emaod撕 d撕ecreases
 Operatioal risn
o Machioery breans d撕iwo
o Pricut d撕efects iocrease
o Weather d撕estriys plaot
o Ioveotiry ibsilesces

Risne/Reward撕 plaos aod撕 sceoariis
 Scires
o High
o Med撕ium
o Liw
 Overall scires may be based撕 io sum if weighted撕 iod撕ivid撕ual scires fir several ratioal criteria
Setog KPI’s ti suppirt the busioess
 Ciosid撕er a wid撕er perspectve thao just foaocial perfirmaoce, the “balaoced撕 scirecard撕”
appriach
o Fioaocial
o Eiteroal custimer
o Ioteroal pricesses
o Iooivatio aod撕 learoiog
 Balaociog
o The foaocial aod撕 the oio-foaocial
o The ioteroal aod撕 the eiteroal
o Curreot perfirmaoce aod撕 future perfirmaoce

The airlioe busioess
 Hiw d撕i airlioes iperate?
 What d撕i they maoage?
 What are they airlioes assets?
 What are the cists?
 What are the reveoues?
 What are the risns if ao airlioe
 What is the d撕iffereoce betweeo ao FSC aod撕 LCC io iwoership
 What is their ceoter if the Uoiverse?
3-fiw mid撕el