The Markov Decision Process Explained

Learn about Markov decision processes and how they relate to Deep Reinforcement Learning. Dr. Barrett Thomas, an esteemed Research Professor at the University of Iowa's College of Business, joins @JonKrohnLearns in this episode, to explain how these advanced methodologies are revolutionizing operations research, leading to significant improvements in business strategies aimed at minimizing costs and maximizing profits. Moreover, the episode shines a light on the practical applications of these theories in real-world scenarios, such as enhancing the efficiency of same-day delivery services and paving the way for the future of supply chains with the advent of aerial drones and autonomous vehicles. Watch the full interview “773: Deep Reinforcement Learning for Maximizing Profits — with Prof. Barrett Thomas” here: https://www.superdatascience.com/773