Improved Genetic Algorithms by Means of Fuzzy Crossover Operators for Revenue Management in Airlines

Revenue Management is an economic policy that increases the earned profit by adjusting the service demand and inventory. Revenue Management in airlines correlates with inventory control and price levels in different fare classes. We focus on pricing and seat allocation problems in airlines by introducing a constrained optimization problem in Binary Integer Programming (BIP) formulation. Two BIP problems are represented. Moreover, some improved Genetic Algorithms (GAs) approaches are used to solve these problems. We introduce new crossover operators that assign a Fuzzy Membership Function to each parent in GAs. We achieve better outputs with new methods that take lower calculation times and earn higher profits. Three different test problems in different scales are selected to evaluate the effectiveness of each algorithm. This paper defines new crossover operators that help to reach better solutions that take lower calculation times and more earned profits.