Markov decision process

Working Paper: Population based cholesterol follow-up policy

Preventing chronic diseases is an essential aspect of medical care for healthy patients, but deciding when to collect information, such as the patient’s cholesterol levels, is difficult. Measuring too frequently may be unnecessary and costly; on the …

Seminar: Stochastic Dynamic Programming: Applications in the Airline Industry and Healthcare Sector.

Stochastic Dynamic Programming (SDP) is an optimization methodology that considers the variability of the system. SDP is studied broadly and applied to various systems, from manufacturing to transportation. For them to work correctly, the SDP models …

Talk: Cholesterol Follow-up Policy in the Context of Preventive Treatment of Cardiovascular Disease.

Preventing chronic diseases is an essential aspect of medical care for healthy patients, but deciding when to collect information, such as the patient’s cholesterol levels, is difficult. Measuring too frequently may be unnecessary and costly; on the …

Optimal timing of airline promotions under dilution (2019)

Offering promotions has become common practice in the airline industry as a strategy to boost the total revenue. An effective promotion campaign should be adequately priced and timed to attract sufficient extra demand and compensate for the markdown …

Talk: Cholesterol Follow-up Policy in the Context of Preventive Treatment of Cardiovascular Disease.

Preventing chronic diseases is an essential aspect of medical care for healthy patients, but deciding when to collect information, such as the patient’s cholesterol levels, is difficult. Measuring too frequently may be unnecessary and costly; on the …

Talk: A Pricing Model To Optimize The Promotions Period In Airlines

Promotions help increment the demand for a flight. Several decisions have to be made to offer a promotion such as its price and duration. We propose a method to estimate the behavior of customer inter-arrival time distribution, his buying probability …

A stochastic dynamic pricing model for the multiclass problems in the airline industry (2015)

In the airline industry, deciding the ticket price for each flight directly affects the number of people that in the future will try to buy a ticket. Depending on the willingness-to-pay of the customers the flight might take off with empty seats or …

Talk: A Pricing Model To Optimize The Promotions Period In Airlines

Talk: An optimum pricing policy for a multiclass problem in the airline industry.