Learn how the burning-cost ratio calculates excess losses over total premiums to set reinsurance rates. Discover its impact ...
Abstract: We study the problem of incorporating risk while making combinatorial decisions under uncertainty. We formulate a discrete submodular maximization problem for selecting a set using ...
Abstract: This study presents the design of feedback controllers for generalized cost functions to deal with stochastic optimal control problems. Target linear systems contain time-invariant ...
Renault’s initiative aims to reduce the workforce in non-production areas such as finance, marketing, and human resources by 15%. Credit: sylv1rob1/Shutterstock.com. Renault is set to propose ...
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