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We consider the problem of scheduling operations in bufferless robotic cells that produce identical parts using either single-gripper or dual-gripper robots. The objective is to find a cyclic sequence of robot moves that minimizes the long-run average time to produce a part or, equivalently,...
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Descending mechanisms for procurement (or, ascending mechanisms for selling) have been well‐recognized for their simplicity from the viewpoint of bidders — they require less bidder sophistication as compared to sealed‐bid mechanisms. In this study, we consider procurement under each of two...
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We study fixed-dimensional stochastic dynamic programs in a discrete setting over a finite horizon. Under the primary assumption that the cost-to-go functions are discrete L♮-convex, we propose a pseudo-polynomial time approximation scheme that solves this problem to within an arbitrary...
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