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Overbooking has been studied intensively. However, those studies have paid little attention to the effect of penalty cost and degree of airlines' risk aversion on the decision-making. A cost model like a newsboy model is presented for optimal overbooking level of air cargo with stochastic capacity and penalty cost. Then the overbooking model of air cargo was proposed under the Conditional value-at-risk...
In this paper, the probability density function (PDF) control strategy has been employed to drive the PDF of the random tracking error for a class of robotic manipulator to approach the desired PDF, where the tracking error may be subjected to noises that follow non-Gaussian probability distribution. The ILC frame about PDF control approach has been proposed and a recursive optimization solution of...
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