This paper considers a dynamic overbooking problem for parallel substitutable flights with different departure times. Those flights have multiple fare classes, and reservations are allowed to be canceled with costs. If the go-shows of a flight are larger than its capacity, then some of them may...

Although the Lagrangian method is a powerful dual search method in integer programming, it often fail to identify the optimal solution of the primal problem. In this paper, a quasi dual formulation is proposed for bounded integer programming. This formulation possesses an asymptotic strong...

In this article, we study a multi-period multi-product inventory control problem. In the problem, there are N inventory classes which can be substituted for one another to satisfy the demand for a given reservation class (perhaps at a cost). The objective of management is to jointly determine...

This paper concerns the joint management problem of production control and dynamic pricing to balance the finished goods inventory and market demand in a make-to-stock manufacturing system using a long-run average profit criterion. In the system, the production rate is random, with a...

In this article, we study a multi-period multi-product inventory control problem. In the problem, there are N inventory classes which can be substituted for one another to satisfy the demand for a given reservation class (perhaps at a cost). The objective of management is to jointly determine...