Juergen Branke

How much Data do We Need? Sequential Data Collection for Stochastic Programming

Xin Li, Juergen Branke, Xuan Vinh Doan

Data-driven optimization often requires collecting data to estimate uncertain model parameters before solving the underlying decision problem. In practice, however, data acquisition may incur non-negligible costs, making it critical to determine when to stop additional data colle…Read more