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math.OC2012★ 1 cited
The Value of Service Rate Flexibility in an M/M/1 Queue with Admission Control
Yiannis Dimitrakopoulos, Apostolos Burnetas
We consider a single server queueing system with admission control and the possibility to switch dynamically between a low and a high service rate, and examine the benefit of this…
stat.ML2012
Adaptive Policies for Sequential Sampling under Incomplete Information and a Cost Constraint
Apostolos Burnetas, Odysseas Kanavetas
We consider the problem of sequential sampling from a finite number of independent statistical populations to maximize the expected infinite horizon average outcome per period, und…