3 papers
math.OC2026
The Value of Temporary Control for the M/M/1 Queue
Odysseas Kanavetas, Camiel M. P. Koopmans, Floske M. Spieksma
In this article, a one-off option for temporary service rate control for the M/M/1 queue is considered. After taking this option, during a single exponentially distributed period,…
math.OC2026
Two-Product Make-to-Stock System: Strategic Joining and Optimal Inventory Levels
Odysseas Kanavetas, Ekaterina Kosarevskaia
This paper analyzes a two-product make-to-stock queueing system where a single production facility serves two customer classes with independent Poisson arrivals. Customers make str…
stat.ML2025
Optimal Data Driven Resource Allocation under Multi-Armed Bandit Observations
Apostolos N. Burnetas, Odysseas Kanavetas, Michael N. Katehakis
This paper introduces the first asymptotically optimal strategy for a multi armed bandit (MAB) model under side constraints. The side constraints model situations in which bandit a…