This paper shows how an operational method for solving dynamic programs can be used, in some cases, to solve the problem of maximizing a firm's market value. The problem is formulated as a Markov ...

In the classical secretary problem an employer would like to choose the best candidate among n competing candidates that arrive in a random order. In each iteration, one candidate's rank vis-a-vis ...

Integer linear programming can help find the answer to a variety of real-world problems. Now researchers have found a much faster way to do it. The traveling salesperson problem is one of the oldest ...