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In the for-hire truckload market, firms often experience unexpected transportation cost increases due to contracted transportation service provider (carrier) load rejections. The dominant procurement strategy results in long-term,…

综合经济学 · 经济学 2022-02-08 Angela Acocella , Chris Caplice , Yossi Sheffi

Predictive maintenance is a key strategy for ensuring the reliability and efficiency of industrial systems. This study investigates the use of supervised learning models to diagnose the condition of electric motors, categorizing them as…

机器学习 · 计算机科学 2025-04-08 Amir Hossein Baradaran

We consider a profit maximization problem in an urban mobility on-demand service, of which the operator owns a fleet, provides both exclusive and shared trip services, and dynamically determines prices of offers. With knowledge of the…

最优化与控制 · 数学 2018-02-13 Han Qiu , Ruimin Li , Jinhua Zhao

The integration of renewable sources poses challenges at the operational and economic levels of the power grid. In terms of keeping the balance between supply and demand, the usual scheme of supply following load may not be appropriate for…

系统与控制 · 计算机科学 2014-04-07 Ashutosh Nayyar , Matias Negrete-Pincetic , Kameshwar Poolla , Pravin Varaiya

I analyze long-term contracting in insurance markets with asymmetric information. The buyer privately observes her risk type, which evolves stochastically over time. A long-term contract specifies a menu of insurance policies, contingent on…

理论经济学 · 经济学 2022-09-01 Vitor Farinha Luz

Recent research increasingly integrates machine learning (ML) into predictive maintenance (PdM) to reduce operational and maintenance costs in data-rich operational settings. However, uncertainty due to model misspecification continues to…

人工智能 · 计算机科学 2025-06-25 Zhuojun Xie , Adam Abdin , Yiping Fang

A large fraction of the total electric load is comprised of end-use devices whose demand for energy is inherently deferrable in time. Of interest is the potential to leverage on such latent flexibility in demand to absorb variability in…

最优化与控制 · 数学 2016-08-23 Eilyan Bitar , Yunjian Xu

Motivated by applications where a system must remain operational via continual procurement of contracts, we study two online contract selection problems under uncertain prices. At each time step, a price drawn from a known distribution is…

计算机科学与博弈论 · 计算机科学 2026-05-19 Qinge Chi , Sebastian Perez-Salazar

Prior work has investigated variations of prediction markets that preserve participants' (differential) privacy, which formed the basis of useful mechanisms for purchasing data for machine learning objectives. Such markets required…

计算机科学与博弈论 · 计算机科学 2018-10-30 Rafael Frongillo , Bo Waggoner

In many traditional job scheduling settings, it is assumed that one knows the time it will take for a job to complete service. In such cases, strategies such as shortest job first can be used to improve performance in terms of measures such…

数据结构与算法 · 计算机科学 2019-05-24 Michael Mitzenmacher

This paper presents a dynamic pricing and energy management framework for electric vehicle (EV) charging service providers. To set the charging prices, the service providers faces three uncertainties: the volatility of wholesale electricity…

信号处理 · 电气工程与系统科学 2018-01-10 Chao Luo , Yih-Fang Huang , Vijay Gupta

Decision-making pipelines are generally characterized by tradeoffs among various risk functions. It is often desirable to manage such tradeoffs in a data-adaptive manner. As we demonstrate, if this is done naively, state-of-the art…

Failure of mission-critical equipment interrupts production and results in monetary loss. The risk of unplanned equipment downtime can be minimized through Predictive Maintenance of revenue generating assets to ensure optimal performance…

机器学习 · 计算机科学 2020-07-08 Kevin Shen Hoong Ong , Dusit Niyato , Chau Yuen

The landscape of maintenance in distributed systems is rapidly evolving with the integration of Artificial Intelligence (AI). Also, as the complexity of computing continuum systems intensifies, the role of AI in predictive maintenance…

人工智能 · 计算机科学 2024-04-23 Michael Bidollahkhani , Julian M. Kunkel

This paper develops maintenance policies for a system under condition monitoring. We assume that a number of defects may develop and the degradation process of each defect follows a gamma process, respectively. The system is inspected…

系统与控制 · 电气工程与系统科学 2024-09-21 Shaomin Wu , Inma T. Castro

In recent times, advances in artificial intelligence (AI) and IoT have enabled seamless and viable maintenance of appliances in home and building environments. Several studies have shown that AI has the potential to provide personalized…

机器学习 · 计算机科学 2021-10-12 Viswanath Ganapathy , Sauptik Dhar , Olimpiya Saha , Pelin Kurt Garberson , Javad Heydari , Mohak Shah

Predictive maintenance is directed towards recognizing the earliest significant changes in machinery condition. Contrasted with protective condition monitoring in which fast response is the primary requirement, predictive monitoring is not…

经典物理 · 物理学 2009-09-29 Miron Zapciu , Jean-Yves K'Nevez , Alain Gérard

This paper tackles challenges in pricing and revenue projections due to consumer uncertainty. We propose a novel data-based approach for firms facing unknown consumer type distributions. Unlike existing methods, we assume firms only observe…

理论经济学 · 经济学 2024-05-28 Duarte Gonçalves , Bruno A. Furtado

Connected vehicle fleets are deployed worldwide in several industrial IoT scenarios. With the gradual increase of machines being controlled and managed through networked smart devices, the predictive maintenance potential grows rapidly.…

人工智能 · 计算机科学 2018-06-27 Arindam Chaudhuri

Accurate calibration is essential for instruments whose measurements must remain traceable, reliable, and compliant over long operating periods. Fixed-interval programs are easy to administer, but they ignore that instruments drift at…