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This paper presents a profit-oriented shift scheduling approach for inbound contact centers. The focus is on systems in which multiple agent classes with different qualifications serve multiple customer classes with different needs. We assume that customers are impatient, abandon if they have to...
Persistent link: https://www.econbiz.de/10010264932
Contemporary financial stochastic programs typically involve a trade-offbetween return and (downside)-risk. Using stochastic programming we characterize analytically (rather than numerically) the optimal decisions that follow from characteristic single-stage and multi-stage versions of such...
Persistent link: https://www.econbiz.de/10010324403
will present a general mathematical programming algorithm which can be applied to find an element in the interval core. As …
Persistent link: https://www.econbiz.de/10010421344
-called peer group games being non-negative additive games on a permission tree. We provide a polynomial time algorithm for …
Persistent link: https://www.econbiz.de/10010325798
functional differential equations of the retarded type. We then use the Waveform Relaxation algorithm to provide a guess of the …. We illustrate the algorithm simulating both the stochastic neoclassical growth model and the Lucas model under Poisson …
Persistent link: https://www.econbiz.de/10010270397
We propose a simple and powerful numerical algorithm to compute the transition process in continuous-time dynamic … system of functional differential equations of the retarded type. We apply the Waveform Relaxation algorithm, i.e., we …
Persistent link: https://www.econbiz.de/10010274762
In this paper we develop several regression algorithms for solving general stochastic optimal control problems via Monte Carlo. This type of algorithms is particularly useful for problems with a highdimensional state space and complex dependence structure of the underlying Markov process with...
Persistent link: https://www.econbiz.de/10010276592
For more than three decades, empirical analysis of stochastic dominance was restricted to settings with mutually exclusive choice alternatives. In recent years, a number of methods for testing efficiency of diversified portfolios have emerged, which can be classified into three main categories:...
Persistent link: https://www.econbiz.de/10010325987
We describe an algorithm that is able to compute the solution of a singular linear difference system under rational … expectations. The algorithm uses the Generalized Schur Factorization and is illustrated by a simple example. …
Persistent link: https://www.econbiz.de/10010275804
. Therefore a combinatorial optimisation algorithm is developed and an algorithm based on graph search is used and customised … correctness of the quick combinatorial algorithm are proved within this paper. For vehicle to grid (V2G) concepts, battery … been used to include degradation costs for different Li-Ion batteries into the graph search algorithm. An application of …
Persistent link: https://www.econbiz.de/10010300726