15 citations · 23 across the 8 of their papers we have counts for
7 papers · 1 filter
Optimal Feature-Based Newsvendor Policies under Censored Demand
Joost van der Haar, Ilias Willems, Joachim Arts +1
We investigate a newsvendor problem where a decision-maker observes a z-dimensional vector of covariates, and wants to learn how much stock to order given a sample of size n of cen…
Risk or Replace: Efficient Asymptotics for Data-Driven Maintenance
Poulad Moradi, Joachim Arts, Melvin Drent +1
Condition-based maintenance (CBM) is an approach that plans interventions for deteriorating systems according to their observed operational state. CBM reduces unplanned downtime an…
Optimal Design of Lines Replaceable Units
Joni Driessen, Joost de Kruijf, Joachim Arts +1
A Line Replaceable Unit (LRU) is a collection of connected parts in a system that is replaced when any part of the LRU fails. Companies use LRUs as a mechanism to reduce downtime o…
Condition-Based Production for Stochastically Deteriorating Systems: Optimal Policies and Learning
Collin Drent, Melvin Drent, Joachim Arts
Production systems deteriorate stochastically due to usage and may eventually break down, resulting in high maintenance costs at scheduled maintenance moments. This deterioration b…
Load Asymptotics and Dynamic Speed Optimization for the Greenest Path Problem: A Comprehensive Analysis
Poulad Moradi, Joachim Arts, Josué C. Velázquez-Martínez
We study the effect of using high-resolution elevation data on the selection of the most fuel-efficient(greenest) path for different trucks in various urban environments.We adapt a…
Asymptotic Optimality of Inventory Projection in Dual-Sourcing Systems
Melvin Drent, Poulad Moradi, Joachim Arts +1
We consider a single-echelon inventory system under periodic review with two suppliers facing stochastic demand, where excess demand is backlogged. The expedited supplier has a sho…
Efficient Emission Reduction Through Dynamic Supply Mode Selection
Melvin Drent, Poulad Moradi, Joachim Arts
We study the inbound supply mode and inventory management decision making for a company that sells an assortment of products. Stochastic demand for each product arrives periodicall…