To improve tractability, we investigate the linear programming-based approach to approximate dynamic programming. This approach can provide both feasible control policies and bounds on the MDPs' ...

The paper solves the stochastic inverse optimal problem. Dynamic programming is used to transform the original problem into a differential equation. Such an equation is well-defined (with probability ...

Robert L. Carraway, A Dynamic Programming Approach to Stochastic Assembly Line Balancing, Management Science, Vol. 35, No. 4 (Apr., 1989), pp. 459-471 ...

Dynamic pricing for network revenue management has received considerable attention in research and practice. Based on data obtained from a major hotel, we use a large-scale numerical study to compare ...

New approach to DNA data storage makes system more dynamic, scalable Date: June 12, 2020 Source: North Carolina State University Summary: Researchers have developed a fundamentally new approach to ...