The purpose of this paper is to illustrate some applications of the functional equation technique of the theory of dynamic programming to a general class of problems arising in the study of networks, particularly those arising in transportation theory. (Author)Bellman, R.Rand Corp Santa Monica Calif
On the theory of dynamic programming. Proc. Natl. Acad. Sci. U.S.A. 38, 716 (1952). Article ADS MathSciNet CAS Google Scholar Young, D. L., Goodie, A. S., Hall, D. B. & Wu, E. Decision making under time pressure, modeled in a prospect theory framework. Org. Behav. Hum...
(1952). On the theory of dynamic programming. Proceedings of the National Academy of Sciences of the United States of America, 38(8), 716–719. MathSciNet MATH Google Scholar Wang, Q., Zhao, X., Huang, J. C., Feng, Y. H., Liu, Z., Su, Z. H., et al. (2017). ...
See Hull 2002 for extensive background material, including supporting theory, derivations, and assumptions used in these pricing models.45.2 The Black-Scholes ModelIn 1973, Fischer Black and Myron Scholes famously derived an analytical means of computing the price of European options (Blac...
deficiencies, an MDP (Markov decision process) model in the finite time domain12 is established and combined with dynamic programming theory to analyze the optimal scheduling of limited production equipment resources among different types of orders to maximize the production benefits of manufacturing ...
By analyzing the waveform recorded by the terminal and the standard waveform of the power source, the health status can be evaluated [2–4]. Therefore, analyzing the waveform characteristics is a key step in maintaining the normal operation of the system. Similarity measurement theory is used to...
The Nevanlinna–Pick interpolation theory was used by Ito et al. (1993), to construct a stable suboptimal H∞ controller. Veillette et al. (1992) have studied strong stabilization problem with an H∞ performance constraint within the context of reliable control. The solution procedure of ...
To acquire this skill, it is necessary to have exceptional preparation in their thermodynamics courses, as well as in the engineering laboratory practices because it provides students real manipulation of instruments and devices, allowing them to have both experiences, theory, and practice. Although ...
Mondrian ⚠️— A set of static analysis and refactoring tools which use graph theory. parallel-lint— This tool checks syntax of PHP files faster than serial check with a fancier output. Parse— A Static Security Scanner. pdepend— Calculates software metrics like cyclomatic complexity for PHP...
The wind turbine is controlled with the aim of extracting the maximal available wind power. Based on Betz theory, the power coefficient should not exceed 0.593 (Experimentally) [57]. Finally, the diagram in Figure 2 summarizes the wind turbine model. The inputs are the pitch angle β, the ...