In large retail operations, category management teams spend significant time deciding which product goes onto which shelf and in which order. Shelf space is very expensive real estate in retail.
Dynamic stochastic matching problems arise in a variety of recent applications, ranging from ridesharing and online video games to kidney exchange. Such problems are naturally formulated as Markov ...
Optimization problems can be tricky, but they make the world work better. These kinds of questions, which strive for the best way of doing something, are absolutely everywhere. Your phone’s GPS ...