Stochastic knapsack revisited: The service level perspective
A key challenge in the resource allocation problem is to find near-optimal policies to serve different customers with random demands/revenues, using a fixed pool of capacity (properly configured). In this paper, we study the properties of three classes of allocation policies-responsive (with perfect...
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| Main Authors: | , , , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2022
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/7092 https://ink.library.smu.edu.sg/context/lkcsb_research/article/8091/viewcontent/SSRN_id3674463.pdf |
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| Institution: | Singapore Management University |
| Language: | English |