In existing AS/RS research, storage assignment policies are evaluated based on the probability that item type j will be stored (and subsequently retrieved). This note applies the turnover-based and class-based assignment policies of Hausman et al. (1976) to a stochastic environment by...

Currently available medication for treating many chronic diseases is often effective only for a subgroup of patients, and biomarkers accurately assessing whether an individual belongs to this subgroup do not exist. In such settings, physicians learn about the effectiveness of a drug primarily...