Evaluation timing with dynamic information: Optimization and heuristic

A firm continuously evaluates a product while information arrives at a stochastic, mean-reverting rate. The study characterizes the optimal stopping region and develops accurate approximation and heuristic methods for deciding when evaluation should end.

Lijun Bo, Meng Li, Tingting Zhang (2023). Evaluation timing with dynamic information: Optimization and heuristic. Production and Operations Management 32(12), 3931–3950.