Optimal Stopping Policy for Multivariate Sequences a Generalized Best Choice Problem
In the classical versions of “Best Choice Problem”, the sequence of offers is a random sample from a single known distribution. We present an extension of this problem in which the sequential offers are random variables but from multiple independent distributions. Each distribution function represen...
Format: | Article |
---|---|
Language: | English |
Published: |
Iran University of Science & Technology
2010-09-01
|
Series: | International Journal of Industrial Engineering and Production Research |
Subjects: | |
Online Access: | http://ijiepr.iust.ac.ir/browse.php?a_code=A-10-12-2&slc_lang=en&sid=1 |
Similar Items
-
Using hierarchical Bayesian methods to examine the tools of decision-making
by: Michael D. Lee, et al.
Published: (2011-12-01) -
Using hierarchical Bayesian methods to examine the tools of decision-making
by: Michael D. Lee, et al.
Published: (2011-12-01) -
An Optimal Decision Rule for a Multiple Selling Problem with a Variable Rate of Offers
by: Georgy Sofronov
Published: (2020-05-01) -
Trapping the Ultimate Success
by: Alexander Gnedin, et al.
Published: (2022-01-01) -
Stochastic rule-based decision support system for reliability redundancy allocation problem
by: Amir Yousefli, et al.
Published: (2022-06-01)