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We propose a formulation of the stochastic cutting stock problem as a discounted infinite-horizon Markov decision process. At each decision epoch, given current inventory of items, an agent chooses in which patterns to cut objects in stock…

最优化与控制 · 数学 2022-06-29 Anselmo R. Pitombeira-Neto , Arthur H. Fonseca Murta

We consider a continuous-review inventory system in which the setup cost of each order is a general function of the order quantity and the demand process is modeled as a Brownian motion with a positive drift. Assuming the holding and…

最优化与控制 · 数学 2020-09-03 Shuangchi He , Dacheng Yao , Hanqin Zhang

Small-to-medium size enterprises (SMEs), including many startup firms, need to manage interrelated flows of cash and inventories of goods. In this paper, we model a firm that can finance its inventory (ordered or manufactured) with loans in…

最优化与控制 · 数学 2015-09-23 Michael N. Katehakis , Benjamin Melamed , Jim Shi

When parallelizing a set of jobs across many servers, one must balance a trade-off between granting priority to short jobs and maintaining the overall efficiency of the system. When the goal is to minimize the mean flow time of a set of…

性能 · 计算机科学 2020-11-24 Benjamin Berg , Rein Vesilo , Mor Harchol-Balter

We consider the uncapacitated three-level lot-sizing and replenishment problem with a distribution structure. In this NP-hard problem, a single production plant sends the produced items to replenish warehouses from where they are dispatched…

最优化与控制 · 数学 2021-04-20 Jesus O. Cunha , Rafael A. Melo

This paper presents a simulation approach to enhance the performance of heuristics for multi-project scheduling. Unlike other heuristics available in the literature that use only one priority criterion for resource allocation, this paper…

投资组合管理 · 定量金融 2024-06-05 Pablo Alvarez-Campana , Felix Villafanez , Fernando Acebes , David Poza

The economic warehouse lot scheduling problem is a foundational inventory-theory model, capturing computational challenges in dynamically coordinating replenishment decisions for multiple commodities subject to a shared capacity constraint.…

数据结构与算法 · 计算机科学 2026-01-23 Danny Segev

We consider a stochastic lost-sales inventory control system with a lead time $L$ over a planning horizon $T$. Supply is uncertain, and is a function of the order quantity (due to random yield/capacity, etc). We aim to minimize the…

最优化与控制 · 数学 2023-11-01 Boxiao Chen , Jiashuo Jiang , Jiawei Zhang , Zhengyuan Zhou

We consider a general class of high-volume, fast-moving production-inventory systems based on both lost-sales and backorder inventory models. Such systems require a fundamental understanding of the asymptotic behavior of key performance…

最优化与控制 · 数学 2015-01-29 Yingdong Lu , Mark S. Squillante , David D. Yao

We consider a general queueing system with price-sensitive customers in which the service provider seeks to balance two objectives, maximizing the average revenue rate and minimizing the average queue length. Customers arrive according to a…

数据结构与算法 · 计算机科学 2025-12-09 Jacob Bergquist , Adam N. Elmachtoub

We study non-stationary single-item, periodic-review inventory control problems in which the demand distribution is unknown and may change over time. We analyze how demand non-stationarity affects learning performance across inventory…

最优化与控制 · 数学 2026-02-06 Nele H. Amiri , Sean R. Sinclair , Maximiliano Udenio

This paper investigates a two-echelon inventory system with a central warehouse and N (N > 2) retailers managed by a centralized information-sharing mechanism. In particular, the paper mathematically models an easy-to-implement inventory…

综合经济学 · 经济学 2023-12-08 Amir Hosein Afshar Sedigh , Rasoul Haji , Seyed Mehdi Sajadifar

The assortment planning problem is a central piece in the revenue management strategy of any company in the retail industry. In this paper, we study a robust assortment optimization problem for substitutable products under a sequential…

最优化与控制 · 数学 2020-09-01 Saharnaz Mehrani , Jorge A. Sefair

We study the performance of non-adaptive scheduling policies in computing systems with multiple servers. Compute jobs are mostly regular, with modest service requirements. However, there are sporadic data intensive jobs, whose expected…

性能 · 计算机科学 2020-01-01 Amir Behrouzi-Far , Emina Soljanin

In many scheduling applications, minimizing delays is of high importance. One adverse effect of such delays is that the reward for completion of a job may decay over time. Indeed in healthcare settings, delays in access to care can result…

系统与控制 · 计算机科学 2016-10-24 Neal Master , Carri W. Chan , Nicholas Bambos

Modern data centers serve workloads which are capable of exploiting parallelism. When a job parallelizes across multiple servers it will complete more quickly, but jobs receive diminishing returns from being allocated additional servers.…

分布式、并行与集群计算 · 计算机科学 2020-11-20 Benjamin Berg , Rein Vesilo , Mor Harchol-Balter

We propose a surge sourcing approach to address occasional synchronous high demand (surge demand) in sharing economy systems, providing a socio-economically progressive alternative to surge pricing. Instead of suppressing demand among…

综合经济学 · 经济学 2025-04-01 Pouria Mohamadzadehoqaz , Elena Dieckmann , Anthony Quinn , Robert Shorten

Industrial Vending Machines (IVMs) automate the dispensing of a variety of supplies like safety equipment and tools at customer sites, providing 24/7 access while tracking inventory in real-time. Industrial distribution companies typically…

最优化与控制 · 数学 2025-03-19 Karina M. Sindermann , Esma S. Gel , Nesim K. Erkip

Fixed pickup and delivery times can strongly limit the performance of freight transportation. Against this backdrop, fleet operators can use compensation mechanisms such as monetary incentives to buy delay time from their customers, in…

系统与控制 · 电气工程与系统科学 2022-03-28 Canqi Yao , Shibo Chen , Mauro Salazar , Zaiyue Yang

Service platforms must determine rules for matching heterogeneous demand (customers) and supply (workers) that arrive randomly over time and may be lost if forced to wait too long for a match. Our objective is to maximize the cumulative…

最优化与控制 · 数学 2023-12-19 Angelos Aveklouris , Levi DeValve , Maximiliano Stock , Amy R. Ward