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Sequential Decision Analytics and Modeling: Modeling with Python (Foundations

Description: Sequential decision problems arise in virtually every human process. They span finance, energy, transportation, health, e-commerce, and supply chains and include pure learning problems that arise in laboratory or field experiments. They even cover search algorithms to maximize uncertain functions. An important dimension of every problem setting is the need to make decisions in the presence of different forms of uncertainty and evolving information processes. Warren B. Powell's work in sequential decision problems started in the 1980s and spanned rail, energy, health, finance, e-commerce, supply chain management, and even learning for materials science. His work on a wide range of problems highlighted the importance of using a variety of methods. In the process, he came to realize that any sequential decision problem can be modeled using a single universal framework that involves searching over methods for making decisions.The goal of this book is to enable readers to understand how to approach, model and solve a sequential decision problem. To that end, it uses a teach-by-example style to illustrate a modeling framework that can represent any sequential decision problem. It tackles the challenge of designing methods, called policies, for making decisions and describes four classes of policies that are universal in that they span any method that might be used; whether from the academic literature or heuristics used in practice. While this does not mean that every problem can be solved immediately, the framework helps avoid the tendency in the academic literature of focusing on narrow classes of methods.

Price: 112 USD

Location: Matraville, NSW

End Time: 2024-12-05T15:47:51.000Z

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Sequential Decision Analytics and Modeling: Modeling with Python (FoundationsSequential Decision Analytics and Modeling: Modeling with Python (Foundations

Item Specifics

Return shipping will be paid by: Buyer

All returns accepted: Returns Accepted

Item must be returned within: 60 Days

Refund will be given as: Money Back

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EAN: 9781638280828

UPC: 9781638280828

ISBN: 9781638280828

MPN: N/A

Item Height: 1.9 cm

Number of Pages: 320 Pages

Publication Name: Sequential Decision Analytics and Modeling : Modeling with Python (Foundations and Trends(r) in Technology, Information and Ope)

Language: English

Publisher: Now Publishers

Subject: General, Production & Operations Management

Publication Year: 2022

Type: Textbook

Item Weight: 16.2 Oz

Subject Area: Mathematics, Business & Economics

Author: Warren B. Powell

Item Length: 9.2 in

Series: Foundations and Trends in Technology, Information and Operations Management Ser.

Item Width: 6.1 in

Format: Hardcover

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