Energy storage is becoming critical to grid resilience and electricity affordability because battery systems can help balance ...
Abstract: We prove convergence of an approximate dynamic programming algorithm for a class of high-dimensional stochastic control problems linked by a scalar storage device, given a technical ...
The high penetration of renewable energy sources has posed significant operational challenges to modern distribution networks. Dynamic network reconfiguration, as a critical optimization technique, ...
Patients with myelodysplastic syndromes (MDS) exhibit diverse disease trajectories necessitating different clinical approaches ranging from watch-and-wait strategies to hematopoietic stem cell ...
This study develops a unified framework for optimal portfolio selection in jump–uncertain stochastic markets, contributing both theoretical foundations and computational insights. We establish the ...
Abstract: Many optimal control problems include a continuous nonlinear dynamic system, state, and control constraints, and final state constraints. When using dynamic programming to solve such a ...