Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10012665736
Persistent link: https://www.econbiz.de/10011932445
Persistent link: https://www.econbiz.de/10012234737
We consider a joint pricing and inventory control problem in which the customer's response to selling price and the demand distribution are not known a priori. Unsatisfied demand is lost and unobserved, and the only available information for decision-making is the observed sales data (a.k.a....
Persistent link: https://www.econbiz.de/10012855169
Persistent link: https://www.econbiz.de/10013366436
Persistent link: https://www.econbiz.de/10014533649
Optimizing the treatment regimen is a crucial medical decision-making problem. This can be thought of as a two-dimensional decision-making problem with a nested structure, because it involves determining the optimal medication along with its optimal dose. In many cases, it is a challenge to...
Persistent link: https://www.econbiz.de/10014102851
We propose the first learning algorithm for single-product, periodic-review, backlogging inventory systems with random production capacity. Different than the existing literature on this class of problems, we assume that the firm has neither prior information about the demand distribution nor...
Persistent link: https://www.econbiz.de/10014109891
Hospitals are typically uncertain about the readmission impact of a care unit placement decision for a patient. The placement decision is challenging due to the wide variety of patient characteristics, uncertain needs of patients, and the limited number of beds in critical and intermediate care...
Persistent link: https://www.econbiz.de/10014031768
Joint online learning and resource allocation is a fundamental problem inherent in many applications. In this problem, an agent must allocate resources while adaptively learning the distributions of unknown parameters under delayed feedback. We introduce a general personalized framework that...
Persistent link: https://www.econbiz.de/10012841532