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RO OD Review Day 1 to 4

Total questions: 26

Worksheet time: 26mins

Name
Class
Date
1.
What are the opinions relating to the O&D concept?
a)
Forcasting pax demand at the origin and destinatio level
b)
RM works independently
c)
Optimizing RASK and LF on flights và share markets
d)
Optimizing revenue at network level
2.
What is a market?
a)
A one way origin and destination pair regardless of connect points and time of day
b)
A market together with the sequence of associated flight legs
c)
The complete itinerary taken up by the Passenger in the PNR
d)
A logical breaking of the journey at an O&D – Departure – Direction Level
3.
What are the types of market that RO can categorize?
a)
Regular market
b)
Mapped market
c)
Insignificant market
d)
Significant market
e)
All of these options
4.
What is a service (itinerary)?
a)
A one way origin and destination pair regardless of connect points and time of day
b)
A market together with the sequence of associated flight legs
c)
The complete itinerary taken up by the Passenger in the PNR
d)
A Logical breaking of the journey at an O&D – Departure – Direction Level
5.
What is the Product group?
a)
A set of fare basis that share the same fare family
b)
a set of RBDs within a cabin
c)
a set of markets which share the same Origin or Destination
d)
a set of classes that are the same or similar set of fare rule constraints
6.
What are the major type of booking catgorized by RO?
a)
Regular booking
b)
Mapped booking
c)
Insignificant booking
d)
Significant booking
e)
None of these options
7.

Market: HAN-FRA. How many significant point of sales (SPOS) does this O&D have following the RO's default setting?

(a)  

8.
What are the current standard of the significant market in RO?
a)
Being in the group of markets contributes the majority of VN's network revenue (90%)
b)
Over 3000 bookings per non-directional market
c)
Wholly VN operated
9.
What is the type of booking associated with insignificant market?
a)
Regular booking
b)
Mapped booking
c)
None of these options
10.

List all possible markets following the below network?

a)

SINSGN, SGNHAN, SGNNRT

b)

SINHAN, SGNHAN, SGNNRT, SINSGN, SINNRT

c)

SINHAN, HANSIN, SGNHAN, HANSGN, SGNNRT, NRTSGN, SINNRT, NRTSIN

d)

None of these answers

11.

How many valid services are there between SIN & HAN? Connection time for the international market is allowed between 1 - 4 hours

a)

3

b)

4

c)

5

d)

6

12.
Choose all type of revenue management controls that RO can assign in the market level.
a)
Physical control
b)
Financial control
c)
Hybrid control
d)
Manual control
13.
What is the bid price?
a)
The lowest fare value which is available within a cabin
b)
The minimum selling price, or ‘floor price’ at which you are prepared to sell the next available seat
c)
The fare value of the lowest class which is available
d)
None of these options
14.
What elements does the system collect to calculate average fare of each class?
a)
Historical fare value
b)
Existing (future) fare value
c)
Fare basis weight based on historical coupon data
d)
Fare traffic ratio based on advance booking data
15.
How does RO system make a class available if applying financial control on its market?
a)
Leg class authorization of this class > 0
b)
Choosing the most constrained availability of corresponding cabin
c)
Bid price =< Average fare of this class
d)
Bid price > Average fare of this class
16.
What does RM focus on in RM O&D?
a)
Focusing on market share
b)
Making the highest load factor and revenue
c)
Managing demand/flows across the whole network vs focusing on invidual legs
d)
Ensure we capture the high traffic flow assigned by leg
17.
How many minimum and maximum number of seasons can be defined in RO system?
a)
Min 1 - Max 4
b)
Min 2 - Max 4
c)
Min 2 - Max 5
d)
Min 2 - Max unlimmited
e)
Min 1 - Max 5
18.
What is the most suggested number of season should RM defined in RO system ?
a)
1
b)
2
c)
3
d)
4
e)
5
19.
Which kind of the folowing metrics can be chosen for Seasonality creation at the moment?
a)
Revenue
b)
Individual booking
c)
Total booking
d)
Constrained booking
e)
Untruncated individual booking
20.
Which possible smoothing number of the weeks can be chosen?
a)
1
b)
2
c)
3
d)
4
e)
5
21.
How many smoothing number of weeks should be suggested?
a)
1
b)
2
c)
3
d)
4
e)
5
22.
 Select all possible event types you can choose in RO system
a)
Moving date
b)
Fixed date
c)
Fixed Week of the Year
d)
Fixed Day of Week
e)
Excluded
23.
How many demand canlendar can be created for each Market ?
a)
1
b)
2
c)
3
d)
4
e)
Many
24.
How many demand canlendar can be assigned for each Market?
a)
1
b)
2
c)
3
d)
4
e)
Many
25.
What is the default time range when RO creates a demand calendar?
a)
A Day
b)
A Week
c)
Few Months
d)
A Year
e)
Few Years
26.

What is the best number of Variation for each season?

a)

0

b)

<0,25

c)

<0,35

d)

>0,25

e)

>0.1