Using an illustration drawn from the area of inventory control, this paper demonstrates how a typical sequential probabilistic model may be formulated in terms of (a) an initial decision rule and (b) ...

We develop a special, very simple linear programming algorithm to obtain these bounds. The method allows us to compute good bounds in an optimal way, utilizing only the first few terms in the ...

Programming language: Intermediate experience with Python, Jupyter Notebook Math: Intermediate Linear Algebra, Sets and Functions: Properties of sets, definition and properties of functions.