Rday

English translation: update day

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:Rday = reading day
Selected answer:update day
Entered by: Tony M

19:27 Aug 6, 2016
English language (monolingual) [PRO]
Bus/Financial - Aerospace / Aviation / Space
English term or phrase: Rday
or Reading day

Fare by Rday for competitors and SU by cabin class
Competitive position through RDays
Share of RDays in which client price > minimum competitor price

They definitely do not compete or else in reading papers or books...

Thank you for your imput.
Oleg Osipov
Russian Federation
Local time: 12:59
update day
Explanation:
"Each update time is called a 'reading day', as information on a flight is 'read' from SABRE."

[American Airlines]
Selected response from:

Tony M
France
Local time: 11:59
Grading comment
Thank you colleagues! It's very helpful.
4 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
4 +2update day
Tony M
Summary of reference entries provided
Quick Google search
Tony M
Does this help?
Helena Chavarria

Discussion entries: 5





  

Answers


6 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
Rday = reading day
update day


Explanation:
"Each update time is called a 'reading day', as information on a flight is 'read' from SABRE."

[American Airlines]

Tony M
France
Local time: 11:59
Native speaker of: Native in EnglishEnglish
PRO pts in category: 8
Grading comment
Thank you colleagues! It's very helpful.

Peer comments on this answer (and responses from the answerer)
agree  Yasutomo Kanazawa
2 hrs
  -> Thanks, Yasutomo-san!

agree  acetran
3 days 8 hrs
  -> Thanks, Ace!
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Reference comments


1 hr peer agreement (net): +2
Reference: Quick Google search

Reference information:
...threw up some interesting explanations:

https://titan.uio.no/sites/default/files/unmanaged/smith_et_...

(but you'll have to search through the PDF file)

https://books.google.fr/books?id=xAbTBwAAQBAJ&pg=PA35&lpg=PA...

This second ref. gives a better explanation

And here's another:

https://books.google.fr/books?id=eCTD6PlO3Y8C&pg=PA99&lpg=PA...

It seems that any particular 'reading day' is the day on which the data is read.

Tony M
France
Native speaker of: Native in EnglishEnglish
PRO pts in category: 8

Peer comments on this reference comment (and responses from the reference poster)
agree  Helena Chavarria: The definition of 'reading day' is at the bottom of page 13, on the left
1 hr
  -> Thanks, Helena!
agree  acetran
3 days 13 hrs
  -> Thanks, Ace!
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2 hrs peer agreement (net): +1
Reference: Does this help?

Reference information:
2.2.1. Additive models
Adams and Vodicka (1987), in their study of forecasting at Qantas Airlines, developed short-term forecasts for just 1 week before departure. They used fairly simple methods which relied on subjective marketing estimates and simple averages of segment class reservations. L’Heureux (1986) discussed the classical ‘pickup’ (pickup is defined as the number of reservations picked up from a given point in time to a different point in time over the booking process) method and the advanced pickup method in an airline context. The classical pickup method determines the average (or weighted average) of reservations picked up between different reading days (e.g., between 120 days out and 90 days out) for departed flights (e.g., CP 121 CalgaryMontreal) for a particular day of week to forecast the future pickup between the same reading days for the same flight number on the same day of week in the future. The advanced pickup method is similar to the classical pickup method, with the extension that it includes relevant data from all flights, even those that have not yet departed.

http://scholarship.sha.cornell.edu/cgi/viewcontent.cgi?artic...


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Note added at 2 hrs (2016-08-06 21:42:51 GMT)
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'Advanced booking models forecast the number of booked rooms on a particular arrival day on the basis of the number of booked rooms on a previous day (called "reading day") and the "pick-up" of rooms...'

https://books.google.co.uk/books?id=ZSrJAwAAQBAJ&pg=PA83&lpg...

--------------------------------------------------
Note added at 2 hrs (2016-08-06 21:48:15 GMT)
--------------------------------------------------

Advanced booking models forecast the number of booked rooms on particular arrival day on the basis of the number of booked rooms on a previous day (called “reading day”) and the pick up of rooms between the reading day and the arrival day. Weatherford and Kimes (2003, p. 403) divide advanced booking models into additive and multiplicative models. Authors explain that additive models assume that the number of reservations on hand at a particular day before arrival is independent of the total number of rooms sold. In these models the number of booked rooms on the reading day is added to the average historical pick up between the reading and the arrival day. On the other hand, multiplicative models assume that the number of reservations yet to come is dependent on the current number of reservations available (Weatherford & Kimes, 2003, p. 403).

Helena Chavarria
Spain
Native speaker of: Native in EnglishEnglish

Peer comments on this reference comment (and responses from the reference poster)
agree  acetran
3 days 12 hrs
  -> Thank you, acetran :-)
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