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This paper discusses the accompanying rapid economic development in East Asia, the yen and the yuan are successively varying degrees, stepped into the international track. Stressed that the foundation and the RMB in yen 's strength, both Bai He aspect to economic development in Asia and the "East Asian currencies" as the starting point and foothold, strengthen cooperation and broad prospects...
We consider a two-leg airline network and formulate the problem of capacity control as an infinite horizon MDP with an absorbing set. Customers arrive according to a non-homogenous Markov process. Cancellation and no-shows are allowed. And customers can request multiple seats (batch requests or group arrival) and can be over booked. We analyze the structure of an optimal policy, which is of the threshold...
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