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The price for each sold seat is determined by a combination of the fares and booking conditions stored in the Fare Quote System,. In most cases, inventory control has a real time interface to an airline's yield management system to support a permanent optimization of the offered booking classes in response to changes in demand or pricing ...
It was the world's first seat reservation system for trains. [7] The MARS-1 was capable of reserving seat positions, and was controlled by a transistor computer with a central processing unit and a 400,000-bit magnetic drum memory unit to hold seating files.
Sabre Global Distribution System, owned by Sabre Corporation, [1] is a travel reservation system used by travel agents and companies to search, price, book, and ticket travel services provided by airlines, hotels, car rental companies, rail providers and tour operators.
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By 1967/8 IBM generalized its airline reservations work into the PARS system, which ran on the larger members of the IBM System/360 family and which could support the largest airlines' needs at that time (e.g. United Airlines ran about 3000 reservations terminals online in the 1972 timeframe). In the early 1970s IBM modified its PARS ...
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