Standard economic models of groundwater management impose restrictive assumptions regarding perfect transmissivity (i.e., the aquifer behaves as a bathtub), no external effects of groundwater stocks, observability of individual extraction rates, and/or homogenous agents. In this article, we...

We present and solve a tactical capacity planning problem for a manufacturing environment with high process flexibility. Various factors contribute to the complexity of the problem, one of which is product-machine mapping: Each machine may be qualified to produce multiple products and each...

We consider a dynamic pricing and learning problem where a seller prices multiple products and learns from sales data about unknown demand. We propose dithering policies---namely, policies under which prices are probabilistically selected in a neighborhood surrounding the myopic optimal...