A gold-mining problem. Optimal backup strategy in computer programs
This paper offers another approach to the problem of finding an optimal sequential backup strategy tackled by the second author [J. Oper. Res. Soc. Japan 42, 457--470 (1999; Zbl 0998.90083)]. This problem, related to a programming job on a computer, can also be viewed as a special case of R. Bellman's gold-mining problem (1957) approached initially by dynamic programming. The authors derive an optimal strategy and next extend their methodology to cover the case when probability parameter \(p\) is unknown by means of a Bayesian approach.
This page was built for publication: A gold-mining problem. Optimal backup strategy in computer programs
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2711571)