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Markov Decision Processes in Practice - 9783319838175

Description: Markov Decision Processes in Practice Please note: this item is printed on demand and will take extra time before it can be dispatched to you (up to 20 working days). Author(s): Richard J. Boucherie, Nico M. van Dijk Format: Paperback Publisher: Springer International Publishing AG, Switzerland Imprint: Springer International Publishing AG ISBN-13: 9783319838175, 978-3319838175 Synopsis This book presents classical Markov Decision Processes (MDP) for real-life applications and optimization. MDP allows users to develop and formally support approximate and simple decision rules, and this book showcases state-of-the-art applications in which MDP was key to the solution approach. The book is divided into six parts. Part 1 is devoted to the state-of-the-art theoretical foundation of MDP, including approximate methods such as policy improvement, successive approximation and infinite state spaces as well as an instructive chapter on Approximate Dynamic Programming. It then continues with five parts of specific and non-exhaustive application areas. Part 2 covers MDP healthcare applications, which includes different screening procedures, appointment scheduling, ambulance scheduling and blood management. Part 3 explores MDP modeling within transportation. This ranges from public to private transportation, from airports and traffic lights to car parking or charging your electric car . Part 4 contains three chapters that illustrates the structure of approximate policies for production or manufacturing structures. In Part 5, communications is highlighted as an important application area for MDP. It includes Gittins indices, down-to-earth call centers and wireless sensor networks. Finally Part 6 is dedicated to financial modeling, offering an instructive review to account for financial portfolios and derivatives under proportional transactional costs. The MDP applications in this book illustrate a variety of both standard and non-standard aspects of MDP modeling and its practical use. This book should appeal to readers for practitioning, academic research and educational purposes, with a background in, among others, operations research, mathematics, computer science, and industrial engineering.

Price: 197.88 GBP

Location: Aldershot

End Time: 2024-11-30T11:40:16.000Z

Shipping Cost: 52.32 GBP

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Markov Decision Processes in Practice - 9783319838175

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Book Title: Markov Decision Processes in Practice

Number of Pages: 552 Pages

Language: English

Publication Name: Markov Decision Processes in Practice

Publisher: Springer International Publishing A&G

Publication Year: 2018

Subject: Mathematics, Management

Item Height: 235 mm

Item Weight: 8716 g

Type: Textbook

Author: Richard J. Boucherie, Nico M. Van Dijk

Subject Area: Data Analysis

Series: International Series in Operations Research & Management Science

Item Width: 155 mm

Format: Paperback

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