Anticipatory Optimization for Dynamic Decision Making
The availability of today’s online information systems rapidly increases the relevance of dynamic decision making within a large number of operational contexts. Whenever a sequence of interdependent decisions occurs, making a single decision raises the need for anticipation of its future impact on t...
Saved in:
| Main Author: | |
|---|---|
| Corporate Author: | |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
New York, NY :
Springer New York : Imprint: Springer,
2011.
|
| Edition: | 1st ed. 2011. |
| Series: | Operations Research/Computer Science Interfaces Series,
51 |
| Subjects: | |
| Online Access: | https://doi.org/10.1007/978-1-4614-0505-4 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| LEADER | 05090nam a22005415i 4500 | ||
|---|---|---|---|
| 001 | 978-1-4614-0505-4 | ||
| 003 | DE-He213 | ||
| 005 | 20200920062522.0 | ||
| 007 | cr nn 008mamaa | ||
| 008 | 110622s2011 xxu| s |||| 0|eng d | ||
| 020 | |a 9781461405054 |9 978-1-4614-0505-4 | ||
| 024 | 7 | |a 10.1007/978-1-4614-0505-4 |2 doi | |
| 050 | 4 | |a HD30.23 | |
| 072 | 7 | |a KJT |2 bicssc | |
| 072 | 7 | |a BUS049000 |2 bisacsh | |
| 072 | 7 | |a KJT |2 thema | |
| 072 | 7 | |a KJMD |2 thema | |
| 082 | 0 | 4 | |a 658.40301 |2 23 |
| 100 | 1 | |a Meisel, Stephan. |e author. |4 aut |4 http://id.loc.gov/vocabulary/relators/aut | |
| 245 | 1 | 0 | |a Anticipatory Optimization for Dynamic Decision Making |h [electronic resource] / |c by Stephan Meisel. |
| 250 | |a 1st ed. 2011. | ||
| 264 | 1 | |a New York, NY : |b Springer New York : |b Imprint: Springer, |c 2011. | |
| 300 | |a XIV, 182 p. |b online resource. | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 347 | |a text file |b PDF |2 rda | ||
| 490 | 1 | |a Operations Research/Computer Science Interfaces Series, |x 1387-666X ; |v 51 | |
| 505 | 0 | |a Introduction -- Basic Concepts and Definitions -- Perfect Anticipation -- Synergies of Optimization and Data Mining -- Approximate Anticipation -- Dynamic Vehicle Routing -- Anticipatory Routing of a Service Vehicle -- Computational Study -- Managerial Impact of Anticipatory Optimization -- Conclusions. | |
| 520 | |a The availability of today’s online information systems rapidly increases the relevance of dynamic decision making within a large number of operational contexts. Whenever a sequence of interdependent decisions occurs, making a single decision raises the need for anticipation of its future impact on the entire decision process. Anticipatory support is needed for a broad variety of dynamic and stochastic decision problems from different operational contexts such as finance, energy management, manufacturing and transportation. Example problems include asset allocation, feed-in of electricity produced by wind power as well as scheduling and routing. All these problems entail a sequence of decisions contributing to an overall goal and taking place in the course of a certain period of time. Each of the decisions is derived by solution of an optimization problem. As a consequence a stochastic and dynamic decision problem resolves into a series of optimization problems to be formulated and solved by anticipation of the remaining decision process. However, actually solving a dynamic decision problem by means of approximate dynamic programming still is a major scientific challenge. Most of the work done so far is devoted to problems allowing for formulation of the underlying optimization problems as linear programs. Problem domains like scheduling and routing, where linear programming typically does not produce a significant benefit for problem solving, have not been considered so far. Therefore, the industry demand for dynamic scheduling and routing is still predominantly satisfied by purely heuristic approaches to anticipatory decision making. Although this may work well for certain dynamic decision problems, these approaches lack transferability of findings to other, related problems. This book has serves two major purposes: ‐ It provides a comprehensive and unique view of anticipatory optimization for dynamic decision making. It fully integrates Markov decision processes, dynamic programming, data mining and optimization and introduces a new perspective on approximate dynamic programming. Moreover, the book identifies different degrees of anticipation, enabling an assessment of specific approaches to dynamic decision making. ‐ It shows for the first time how to successfully solve a dynamic vehicle routing problem by approximate dynamic programming. It elaborates on every building block required for this kind of approach to dynamic vehicle routing. Thereby the book has a pioneering character and is intended to provide a footing for the dynamic vehicle routing community. | ||
| 650 | 0 | |a Operations research. | |
| 650 | 0 | |a Decision making. | |
| 650 | 0 | |a Management science. | |
| 650 | 0 | |a Mathematical optimization. | |
| 650 | 1 | 4 | |a Operations Research/Decision Theory. |0 https://scigraph.springernature.com/ontologies/product-market-codes/521000 |
| 650 | 2 | 4 | |a Operations Research, Management Science. |0 https://scigraph.springernature.com/ontologies/product-market-codes/M26024 |
| 650 | 2 | 4 | |a Optimization. |0 https://scigraph.springernature.com/ontologies/product-market-codes/M26008 |
| 710 | 2 | |a SpringerLink (Online service) | |
| 773 | 0 | |t Springer Nature eBook | |
| 776 | 0 | 8 | |i Printed edition: |z 9781461429166 |
| 776 | 0 | 8 | |i Printed edition: |z 9781461405047 |
| 776 | 0 | 8 | |i Printed edition: |z 9781461405061 |
| 830 | 0 | |a Operations Research/Computer Science Interfaces Series, |x 1387-666X ; |v 51 | |
| 856 | 4 | 0 | |u https://doi.org/10.1007/978-1-4614-0505-4 |
| 912 | |a ZDB-2-SBE | ||
| 912 | |a ZDB-2-SXBM | ||
| 950 | |a Business and Economics (SpringerNature-11643) | ||
| 950 | |a Business and Management (R0) (SpringerNature-43719) | ||