In this video presentation, our good friend Jon Krohn, Co-Founder and Chief Data Scientist at the machine learning company Nebula, is joined by Dr. Barrett Thomas, an esteemed Research Professor in at the University of Iowa’s College of Business, to delve deep into Markov decision processes and how they relate to Deep Reinforcement Learning. Dr. Thomas explains 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.
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