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