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Golden Eagle Air (GEA) is an upstart airline owned by some venture capitalists. We modeled their Revenue Management problem earlier. However, in that analysis we

Golden Eagle Air (GEA) is an upstart airline owned by some venture capitalists. We modeled their Revenue Management problem earlier. However, in that analysis we did not allow for overbooking. Now suppose that with some experience running the airline GEA decides to follow the practice of other airlines and implement an overbooking program

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