Kevin Glazebrook (Department of Management Science, University of Lancaster)

General notions of indexability - Applications and challenges
Joint work with David Hodge (University of Nottingham).
Friday 7 December 2012 at 13.00, JCMB Lecture Theatre C

Abstract

The talk will review recent developments in index theory which seek heuristic policies for dynamic resource allocation of index form and which have the benefits of being highly intuitive and easily computed. We illustrate the ideas by examples from queueing control and asset management and discuss a make-to-stock inventory problem which presents some challenges to the theory.

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