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Firms that continue to use static approaches in their algorithms risk missing out on quality applicants from different backgrounds. This could be a game changer for hiring.
Most physical retailers employ a static booking-limit algorithm, which uses inventory levels at the beginning of the day to predict how many online orders a store can handle. However, if actual demand ...
This paper deals with the design of dynamic time-space and calibrated static strategic planning models, along with solution algorithms, for the multilevel rail-car fleet management problem faced by ...
In the adaptive setting, algorithms are allowed to base their next decision – among other things – on the feedback they have received on their previous decisions.
When Google first introduced Project Loon, its internet balloons used static algorithms to change altitude and stay in position. While clever, they were limited -- Google couldn't do much to adapt ...