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Data Science Videos

Decision Making Under Uncertainty

Decision Making Under Uncertainty

  • Analyzing the four policies
  • Background and relevance
  • Buffers to Cushion for Fluctuations
  • Concluding Remarks and Simpson
  • Continuous random variables - characterisitcs and examples
  • Costs%2C Ratings%2C Options and Choices for both Restaurants
  • Criteria%2C Objectives and Settings for Decisions
  • DTMC Modeling and Analysis
  • Decision Trees
  • Decisions in Game Shows - Final Jeopardy
  • Decisions in Game Shows - Monte Hall
  • Discrete random variables
  • Examples of managing uncertainty and making decisions
  • Expected Value - Mean%2C Variance and Functions
  • Exploration and Exploitation
  • Introduction to one-time decisions
  • Introduction to sequential decision making
  • Markov Chains for Decisions
  • Markov Decision Process Set Up
  • Multiple Random Variables - Discrete and Continuous
  • Nested one-time decisions
  • Newsvendor Problem - Background%2C Model and Analysis
  • Newsvendor Problem - Example and Proof
  • Probability - Events%2C Conditioning and Total Probability
  • Project Network and Analysis
  • Risk%2C uncertainty and variability
  • Route Planning
  • Safety Stock for Inventories
  • Safety Stock - Example and Derivation
  • Solving the secretary problem
  • Tutorial - How to Install Octave and using Octave
  • Two Stage Stochastic Optimization
  • Utility Function
  • Which option to gamble just once -
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