Open Access
Translator Disclaimer
2012 An Optimization Model of the Single-Leg Air Cargo Space Control Based on Markov Decision Process
Chun-rong Qin, Li Luo, Yang You, Yong-xi Xiao
J. Appl. Math. 2012(SI15): 1-7 (2012). DOI: 10.1155/2012/235706

Abstract

Based on the single-leg air cargo issues, we establish a dynamic programming model to consider the overbooking and space inventory control problem. We analyze the structure of optimal booking policy for every kind of booking requests and show that the optimal booking decision is of threshold type (known as booking limit policy). Our research provides a theoretical support for the air cargo space control.

Citation

Download Citation

Chun-rong Qin. Li Luo. Yang You. Yong-xi Xiao. "An Optimization Model of the Single-Leg Air Cargo Space Control Based on Markov Decision Process." J. Appl. Math. 2012 (SI15) 1 - 7, 2012. https://doi.org/10.1155/2012/235706

Information

Published: 2012
First available in Project Euclid: 3 January 2013

zbMATH: 1271.90103
Digital Object Identifier: 10.1155/2012/235706

Rights: Copyright © 2012 Hindawi

JOURNAL ARTICLE
7 PAGES


SHARE
Vol.2012 • No. SI15 • 2012
Back to Top