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The system can be modeled as a continuous-time infinite-horizon dynamic program, but suffers from the curse of dimensionality when different customer classes have different service rates. We use ...
The Dynamic and Stochastic Knapsack Problem (DSKP) is defined as follows. Items arrive according to a Poisson process in time. Each item has a demand (size) for a limited resource (the knapsack) and ...
A two-dimensional dynamic programming problem is posed. By relaxing some of the restraints on the problem it is reduced to a standard dynamic programming problem. Results are quoted from a particular ...