An Optimization Model of the Single-Leg Air Cargo Space Control Based on Markov Decision Process
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 (k...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Wiley
2012-01-01
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| Series: | Journal of Applied Mathematics |
| Online Access: | http://dx.doi.org/10.1155/2012/235706 |
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| _version_ | 1849413763809148928 |
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| author | Chun-rong Qin Li Luo Yang You Yong-xi Xiao |
| author_facet | Chun-rong Qin Li Luo Yang You Yong-xi Xiao |
| author_sort | Chun-rong Qin |
| collection | DOAJ |
| description | 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. |
| format | Article |
| id | doaj-art-705adc7a42f045a0a9ff05a8a9bd033b |
| institution | Kabale University |
| issn | 1110-757X 1687-0042 |
| language | English |
| publishDate | 2012-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Journal of Applied Mathematics |
| spelling | doaj-art-705adc7a42f045a0a9ff05a8a9bd033b2025-08-20T03:34:01ZengWileyJournal of Applied Mathematics1110-757X1687-00422012-01-01201210.1155/2012/235706235706An Optimization Model of the Single-Leg Air Cargo Space Control Based on Markov Decision ProcessChun-rong Qin0Li Luo1Yang You2Yong-xi Xiao3Service Management Institute of Business School, Sichuan University, Chengdu 610064, ChinaService Management Institute of Business School, Sichuan University, Chengdu 610064, ChinaService Management Institute of Business School, Sichuan University, Chengdu 610064, ChinaService Management Institute of Business School, Sichuan University, Chengdu 610064, ChinaBased 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.http://dx.doi.org/10.1155/2012/235706 |
| spellingShingle | 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 Journal of Applied Mathematics |
| title | An Optimization Model of the Single-Leg Air Cargo Space Control Based on Markov Decision Process |
| title_full | An Optimization Model of the Single-Leg Air Cargo Space Control Based on Markov Decision Process |
| title_fullStr | An Optimization Model of the Single-Leg Air Cargo Space Control Based on Markov Decision Process |
| title_full_unstemmed | An Optimization Model of the Single-Leg Air Cargo Space Control Based on Markov Decision Process |
| title_short | An Optimization Model of the Single-Leg Air Cargo Space Control Based on Markov Decision Process |
| title_sort | optimization model of the single leg air cargo space control based on markov decision process |
| url | http://dx.doi.org/10.1155/2012/235706 |
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