4 citations · 6 across the 8 of their papers we have counts for
3 papers · 2 filters
A Flexible Multi-Facility Capacity Expansion Problem with Risk Aversion
Sixiang Zhao, William B. Haskell, Michel-Alexandre Cardin
This paper studies flexible multi-facility capacity expansion with risk aversion. In this setting, the decision maker can periodically expand the capacity of facilities given obser…
A Multi-Level Simulation Optimization Approach for Quantile Functions
Songhao Wang, Szu Hui Ng, William Benjamin Haskell
Quantile is a popular performance measure for a stochastic system to evaluate its variability and risk. To reduce the risk, selecting the actions that minimize the tail quantiles o…
An Accelerated Fitted Value Iteration Algorithm for MDPs with Finite and Vector-Valued Action Space
Sixiang Zhao, William B. Haskell, Michel-Alexandre Cardin
This paper studies an accelerated fitted value iteration (FVI) algorithm to solve high-dimensional Markov decision processes (MDPs). FVI is an approximate dynamic programming algor…