In this paper, we treat an optimal control problem of a stochastic two-machine flowshop with machines subject to random breakdown and repair. While the problem is difficult to solve, it can be approximated by a deterministic problem when the rates of machine failure and repair become large....

This paper investigates an optimal sequencing and dynamic pricing prob- lem for a two-class queueing system. Using a Markov Decision Process based model, we obtain structural characterizations of optimal policies. In particular, it is shown that the optimal pricing policy depends on the entire...

We consider the assignment of jobs to agents in a stochastic and dynamic setting. Focus is on a dynamic scenario with due dates and service levels reflecting the completion of jobs within certain deadlines. Due dates and other relevant characteristics for currently uncompleted jobs generated in...