Question: Specify the stage, state, action, state transition function, contribution function, formulate the dynamic recursion, and solve using paper/pen/calculator or Matlab or Excel or any other

Specify the stage, state, action, state

Specify the stage, state, action, state transition function, contribution function, formulate the dynamic recursion, and solve using paper/pen/calculator or Matlab or Excel or any other software. 4 Indianapolis Airlines has been told that it may schedule six flights per day departing from Indianapolis. The destination of each flight may be New York, Los Angeles, TABLE 20 Destination 1 80 100 90 New York Los Angeles Miami Profit per Flight ($) Number of Planes 3 4 210 250 275 325 265 310 2 150 195 180 5 270 300 350 6 280 250 320 or Miami. Table 20 shows the contribution to the company's profit from any given number of daily flights from Indianapolis to each possible destination. Find the optimal number of flights that should depart Indianapolis for each destination. How would the answer change if the airline were restricted to only four daily flights

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