An optimization model of the single-leg air cargo space control based on Markov decision process (Q1952795)
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scientific article; zbMATH DE number 6169866
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | An optimization model of the single-leg air cargo space control based on Markov decision process |
scientific article; zbMATH DE number 6169866 |
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An optimization model of the single-leg air cargo space control based on Markov decision process (English)
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3 June 2013
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Summary: 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.
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overbooking
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space inventory
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optimal booking policy
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