In addition to other methods we’ve discussed, a third type of variable spending model uses dynamic programming methods. These methods rely on complex computing power and mathematical equations ...

In this paper, we develop a model-free approximate dynamic programming method for stochastic systems modeled as Markov decision processes to maximize the probability of satisfying high-level system ...

A well-established mathematical algorithm known as dynamic programming, combined with advances in personal computing power, now allows straightforward optimization of fixed-bed catalyst life ...

In this paper, we propose a novel approach based on centroid distance signature and dynamic programming (DP), which can be used to guide a contour tracking execution. Edges are detected by an improved ...

More generally, it develops a dynamic programming method for a class of policy games between the government and a continuum of households. By selectively incorporating Euler conditions into a ...

Conventional methods based on mathematical programming primarily include mixed-integer linear programming (MILP) (Diniz and Maceira, 2008; Tong et al., 2013; Guisández and Pérez-Díaz, 2021), ...