Multistage minimum-cost network-flow analysis solves many practical problems in production-inventory-distribution, marketing, personnel, and finance. Unlike previous network papers, which generally ...

Robust estimation and risk minimisation in stochastic processes represent a central domain in modern statistical research. These methods are designed to ensure that statistical predictions remain ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

We discuss the problem of scheduling several jobs on a single machine so as to minimize the variance of the jobs' completion times. By exploiting the well-known pooled variance formula, we obtain a ...