Research from Professor David Simchi-Levi shows that the Thompson sampling method, developed in the 1930s, can be combined with a linear algorithm to address revenue management problems. Simchi-Levi demonstrates that the Thompson sampling can be naturally […]
Professor David Simchi-Levi is leading a multiyear collaboration between MIT and JDA Software to advance intelligent supply chains. The collaboration aims to leverage machine learning and optimization to create customer experience and improve supply chain performance. […]
