This is a preview. Log in through your library . Abstract A dynamic decision problem in which the effect of control action is either delayed for a number of time periods or has an effect that lasts ...

The paper shows how the technique of dynamic programming was applied to the problem of determining the optimum mix of widths of steel used to `pack' a transformer coil. The approach enables the ...

Dynamic optimization and optimal control problems form the backbone of numerous applications in engineering, economics and the natural sciences. These methodologies involve determining a time-varying ...