Search Results - Dynamic Programming/optimal Control

Relaxations of Weakly Coupled Stochastic Dynamic Programs by Adelman, Daniel, Mersereau, Adam J

“…We consider a broad class of stochastic dynamic programming problems that are amenable to relaxation via decomposition…”
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Optimal portfolio choice with path dependent benchmarked labor income: A mean field model by Djehiche, Boualem, Gozzi, Fausto, Zanco, Giovanni, Zanella, Margherita

“… In this paper, to reflect a realistic economic setting, we propose a model where the dynamics of the labor income has two main features…”
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Single-network based adaptive dynamic programming optimal control for robotic manipulator with joint limitation under input saturation by Li, Bin, Zhan, Hong, Zhang, Xiuyu, Yang, Chenguang

“…This paper proposes an optimal control method based on adaptive dynamic programming (ADP…”
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Adaptive dynamic programming for optimal control of discrete‐time nonlinear system with state constraints based on control barrier function by Xu, Jiahui, Wang, Jingcheng, Rao, Jun, Zhong, Yanjiu, Wang, Hongyuan

“…Adaptive dynamic programming (ADP) methods have demonstrated their efficiency. However, many of the applications for which ADP offers great potential, are also safety…”
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Network revenue management with inventory-sensitive bid prices and customer choice by Meissner, Joern, Strauss, Arne

“… ► Approximate dynamic programming approach with an arbitrary aggregation of inventory units. ► The algorithm allows a trade-off between solution quality and runtime…”
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Dynamic Bid Prices in Revenue Management by Adelman, Daniel

“…We formally derive the standard deterministic linear program (LP) for bid-price control by making an affine functional approximation to the optimal dynamic programming value function…”
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Adaptive dynamic programming optimal tracking control of multi-UAVs based on zero-sum game by Guan, Shuaibin, Fu, Xingjian

“…This paper investigates an adaptive dynamic programming (ADP) optimal tracking control algorithm for multi-UAV systems based on zero-sum game theory, addressing external disturbances during flight…”
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Managing Patient Service in a Diagnostic Medical Facility by Green, Linda V, Savin, Sergei, Wang, Ben

“…: designing the outpatient appointment schedule, and establishing dynamic priority rules for admitting patients into service…”
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Using Lagrangian Relaxation to Compute Capacity-Dependent Bid Prices in Network Revenue Management by Topaloglu, Huseyin

“… The novel aspect of our method is that it explicitly considers the temporal dynamics of the arrivals of the itinerary requests and generates bid prices that depend on the remaining leg capacities…”
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A Learning Approach for Interactive Marketing to a Customer Segment by Bertsimas, Dimitris, Mersereau, Adam J

“…When a marketer in an interactive environment decides which messages to send to her customers, she may send messages currently thought to be most promising…”
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Dynamic Mechanism Design for Online Commerce by Gallien, Jeremie

“…; and valuations are drawn independently from the same regular distribution. Invoking the revelation principle, we restrict our attention to direct dynamic mechanisms taking a sequence of valuations and arrival epochs as input…”
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Using Stochastic Approximation Methods to Compute Optimal Base-Stock Levels in Inventory Control Problems by Kunnumkal, Sumit, Topaloglu, Huseyin

“…In this paper, we consider numerous inventory control problems for which the base-stock policies are known to be optimal, and we propose stochastic approximation methods to compute the optimal base-stock levels…”
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A Price-Directed Approach to Stochastic Inventory/Routing by Adelman, Daniel

“… We obtain two such linear programs by formulating the control problem as a Markov decision process and then replacing the optimal value function with the sum of single-customer inventory value functions…”
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Optimal Management and Sizing of Energy Storage Under Dynamic Pricing for the Efficient Integration of Renewable Energy by Harsha, Pavithra, Dahleh, Munther

“…We address the optimal energy storage management and sizing problem in the presence of renewable energy and dynamic pricing associated with electricity from the grid…”
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Estimating the Patient's Price of Privacy in Liver Transplantation by Sandikci, Burhaneddin, Maillart, Lisa M, Schaefer, Andrew J, Alagoz, Oguzhan, Roberts, Mark S

“…In the United States, patients with end-stage liver disease must join a waiting list to be eligible for cadaveric liver transplantation. Due to privacy…”
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Inventory Rationing in a Make-to-Stock Production System with Several Demand Classes and Lost Sales by Ha, Albert Y

“…This paper considers the stock rationing problem of a single-item, make-to-stock production system with several demand classes and lost sales. For the case of…”
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Capacitated Production Control with Virtual Lateral Transshipments by Yang, Jian, Qin, Zhaoqiong

“…We study the optimal control of a firm with two capacitated manufacturing plants situated in two distinct geographical regions…”
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Repeated Commit-or-Defer Decisions with a Deadline: The Influenza Vaccine Composition by Kornish, Laura J, Keeney, Ralph L

“… We study the resultant dynamic decision problem with alternatives that commit to one of several courses of action now and an alternative to defer the commitment to gather more information…”
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Price-Directed Control of a Closed Logistics Queueing Network by Adelman, Daniel

“…Motivated by one of the leading intermodal logistics suppliers in the United States, we consider an internal pricing mechanism for managing a fleet of service…”
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Valuation and Optimal Operation of Electric Power Plants in Competitive Markets by Thompson, Matt, Davison, Matt, Rasmussen, Henning

“… the same time-dependent, mean-reverting dynamics and price spikes as those observed in most electricity markets…”
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