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Full-Text Articles in Engineering
Closing The Data-Decisions Loop: Deploying Artificial Intelligence For Dynamic Resource Management, Pradeep Varakantham
Closing The Data-Decisions Loop: Deploying Artificial Intelligence For Dynamic Resource Management, Pradeep Varakantham
Asian Management Insights
Improving predictions and allocations to determine the optimal matching of demand and supply in a dynamic, uncertain future.
The Future Robo-Advisor, Catalin Burlacu
The Future Robo-Advisor, Catalin Burlacu
MITB Thought Leadership Series
The accelerated digitalisation of both people and business around the world today is having a huge impact on the investment management and advisory space. The addition of new and vastly larger data sets, as well as exponentially more sophisticated analytical tools to turn that data into usable information is constantly changing the way investments are decided on, made and managed.
Mechanism Design For Strategic Project Scheduling, Pradeep Varakantham, Na Fu
Mechanism Design For Strategic Project Scheduling, Pradeep Varakantham, Na Fu
Research Collection School Of Computing and Information Systems
Organizing large scale projects (e.g., Conferences, IT Shows, F1 race) requires precise scheduling of multiple dependent tasks on common resources where multiple selfish entities are competing to execute the individual tasks. In this paper, we consider a well studied and rich scheduling model referred to as RCPSP (Resource Constrained Project Scheduling Problem). The key change to this model that we consider in this paper is the presence of selfish entities competing to perform individual tasks with the aim of maximizing their own utility. Due to the selfish entities in play, the goal of the scheduling problem is no longer only …
Proactive And Reactive Coordination Of Non-Dedicated Agent Teams Operating In Uncertain Environments, Pritee Agrawal, Pradeep Varakantham
Proactive And Reactive Coordination Of Non-Dedicated Agent Teams Operating In Uncertain Environments, Pritee Agrawal, Pradeep Varakantham
Research Collection School Of Computing and Information Systems
Domains such as disaster rescue, security patrolling etc. often feature dynamic environments where allocations of tasks to agents become ineffective due to unforeseen conditions that may require agents to leave the team. Agents leave the team either due to arrival of high priority tasks (e.g., emergency, accident or violation) or due to some damage to the agent. Existing research in task allocation has only considered fixed number of agents and in some instances arrival of new agents on the team. However, there is little or no literature that considers situations where agents leave the team after task allocation. To that …
Shortest Path Based Decision Making Using Probabilistic Inference, Akshat Kumar
Shortest Path Based Decision Making Using Probabilistic Inference, Akshat Kumar
Research Collection School Of Computing and Information Systems
We present a new perspective on the classical shortest path routing (SPR) problem in graphs. We show that the SPR problem can be recast to that of probabilistic inference in a mixture of simple Bayesian networks. Maximizing the likelihood in this mixture becomes equivalent to solving the SPR problem. We develop the well known Expectation-Maximization (EM) algorithm for the SPR problem that maximizes the likelihood, and show that it does not get stuck in a locally optimal solution. Using the same probabilistic framework, we then address an NP-Hard network design problem where the goal is to repair a network of …
Probabilistic Inference Based Message-Passing For Resource Constrained Dcops, Supriyo Ghosh, Akshat Kumar, Pradeep Varakantham
Probabilistic Inference Based Message-Passing For Resource Constrained Dcops, Supriyo Ghosh, Akshat Kumar, Pradeep Varakantham
Research Collection School Of Computing and Information Systems
Distributed constraint optimization (DCOP) is an important framework for coordinated multiagent decision making. We address a practically useful variant of DCOP, called resource-constrained DCOP (RC-DCOP), which takes into account agents’ consumption of shared limited resources. We present a promising new class of algorithm for RC-DCOPs by translating the underlying co- ordination problem to probabilistic inference. Using inference techniques such as expectation- maximization and convex optimization machinery, we develop a novel convergent message-passing algorithm for RC-DCOPs. Experiments on standard benchmarks show that our approach provides better quality than previous best DCOP algorithms and has much lower failure rate. Comparisons against an …
Designing A Portfolio Of Parameter Configurations For Online Algorithm Selection, Aldy Gunawan, Hoong Chuin Lau, Mustafa Misir
Designing A Portfolio Of Parameter Configurations For Online Algorithm Selection, Aldy Gunawan, Hoong Chuin Lau, Mustafa Misir
Research Collection School Of Computing and Information Systems
Algorithm portfolios seek to determine an effective set of algorithms that can be used within an algorithm selection framework to solve problems. A limited number of these portfolio studies focus on generating different versions of a target algorithm using different parameter configurations. In this paper, we employ a Design of Experiments (DOE) approach to determine a promising range of values for each parameter of an algorithm. These ranges are further processed to determine a portfolio of parameter configurations, which would be used within two online Algorithm Selection approaches for solving different instances of a given combinatorial optimization problem effectively. We …
Automated Manpower Rostering: Techniques And Experience, C. M. Khoong, Hoong Chuin Lau, L. W. Chew
Automated Manpower Rostering: Techniques And Experience, C. M. Khoong, Hoong Chuin Lau, L. W. Chew
Research Collection School Of Computing and Information Systems
We present ROMAN, a comprehensive, generic manpower rostering toolkit that successfully handles a wide spectrum of work policies found in service organizations. We review the use of various techniques and methodologies in the toolkit that contribute to its robustness and efficiency, and relate experience gained in addressing manpower rostering problems in industry.