"This graphic comes from a dynamic asset allocation problem in railroads. The system, which is now in production at Norfolk Southern railroad, is the first production implementation of a stochastic, dynamic programming model in freight transportation. The model is based on the Ph.D. dissertation of Huseyin Topaloglu (now a professor at Cornell University) for stochastic, integer multicommodity flow problems. The original research was modified to handle multidimensional attribute problems, with millions of asset types."
What would the world be, once bereft of wet and wildness?
Let them be left, O let them be left, wildness and wet;
Long live the weeds and the wilderness yet.
-- Gerard Manley Hopkins
Thursday, June 02, 2005
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"This graphic comes from a dynamic asset allocation problem in railroads. The system, which is now in production at Norfolk Southern railroad, is the first production implementation of a stochastic, dynamic programming model in freight transportation. The model is based on the Ph.D. dissertation of Huseyin Topaloglu (now a professor at Cornell University) for stochastic, integer multicommodity flow problems. The original research was modified to handle multidimensional attribute problems, with millions of asset types."