Abstract. We present an iterative procedure for computing the optimal Bermudan stopping time, hence the Bermudan Snell envelope. The method produces an increasing sequence of appro...
This paper provides guidance for operating an assemble-to-order system to maximize expected discounted profit, assuming that a high volume of prospective customers arrive per unit...
Abstract--The ranking problem has become increasingly important in modern applications of statistical methods in automated decision making systems. In particular, we consider a for...
Today, several data-storage systems allow applications to create and manage custom metadata to improve data search and navigability in large-scale storage systems. Our thesis is t...
— In this paper we study the problem of dynamic optimization of ping schedule in an active sonar buoy network deployed to provide persistent surveillance of a littoral area throu...