Sentence examples for minimum expected cost from inspiring English sources
We are interested in finding the strategy with the minimum expected cost.
The minimum expected cost rule is employed to determine the optimal inspection interval.
The maximum expected monetary benefit or minimum expected cost rule are often adopted to assess the optimum structural design levels under infrequent large earthquakes.
The minimum expected cost of the system is obtained as TC = $190.59 at time (tau) = 1 and the corresponding optimal repair rate is µ* = 1.54485 for cost set I. For cost set II, the minimum expected cost of the system obtained is TC = $150.37 and the associated optimal repair rate is µ* = 1.485456 at time (tau) = 1.
By transforming the threshold-based sequence to a probability-based one, the sequence with minimum expected cost is proven to consist of either a single search round or an infinite sequence of increasing thresholds.
The minimum expected cost of the system is TC = $128.07 and the corresponding optimal repair rate is achieved µ* = 1.24788 at time (tau) = 1 for the cost set III.
Based on these models, [28, 29] define and solve the least expected routing problem, which is to find a path from the source to the destination with minimum expected costs.
Substituting this search effort into the expression for the expected cost gives the minimum possible expected cost when the species is present, which equals (1 + λcc + ln[ λ (ce − cc)])/ λ and provides the baseline against which regret is measured.
The minimum total expected cost pertaining to these control chart parameters is TE(L*).
In Weka, two methods are used to introduce cost-sensitivity - the reweighting of the training instances according to the total cost assigned to each class in the cost matrix or predicting the class with the minimum expected misclassification cost using the values in the cost matrix.
Optimal solutions are associated with multiple criteria such as minimum expected failure cost, minimum expected inspection/SHM/maintenance costs, maximum agreement of expected inspection/SHM/maintenance costs to available budgets, and maximum accuracy of monitoring results.
