Question: (Revenue Management: NRM value function problem) We have 3 airports: San Francisco (SFO), Denver (DIA), and St. Louis (STL), and 2 flight legs (resources): SFO-DIA

(Revenue Management: NRM value function problem) We have 3 airports: San Francisco (SFO), Denver (DIA), and St. Louis (STL), and 2 flight legs (resources): SFO-DIA and DIA-STL. We want to sell 3 itineraries (products): SFO-DIA, DIA-STL, and SFO-DIA-STL. Suppose you are in the time period "t" in the booking window. Assume that we have at most one product request in every time period. A part of the value function for time period t + 1 has been computed and given in the following table.

(Revenue Management: NRM value function problem)

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