Adam DeJans Jr describes how to think about decision systems through the lens of sequential decision problems. “Most operational environments are not one-time optimization problems. They are ongoing processes where decisions must be made repeatedly as the state of the world evolves.
Consider a transportation network. At any given moment, there is a current state of the system: trucks are located in different regions, orders are arriving, drivers have hours-of-service constraints, weather conditions are changing, and new information is constantly entering the system. Any decision we make (dispatching a truck, accepting a load, repositioning inventory) changes that state and affects the options available in the future. From a technical perspective, these systems usually revolve around a few core components.” Link
Continue reading



You must be logged in to post a comment.