Publication
Dynamic scheduling of a flexible machine. Restless bandit formulation
Abstract
We explore the scheduling rules and the hedging levels that can be obtained by using a restless bandit problem formulation of a make-to-stock production. The underlying dynamics are a Markov chain in continuous time and the associated rewards are piecewise linear. We observe that, the use of priority indices to sub-optimally solve the restless bandit problem yields, for a particular example, results close to the optimal
Official source
About this result
This page is automatically generated and may contain information that is not correct, complete, up-to-date, or relevant to your search query. The same applies to every other page on this website. Please make sure to verify the information with EPFL's official sources.