Optimal control-limit policies for a zero-memory replacement problem

An optimal control problem for a engineering system

In this article, we apply this new method for solving an engineering systemwith initial and boundary conditions and integral criterion ,and we will usingdynamic programming as iteration for solving model.

Quantitative Determination Of Optimal Fiscal And Monetary Policies: A Stochastic Optimal Control Analysis For Iran

Optimal Control for Descriptor Systems: Tracking Problem (RESEARCH NOTE)

Singular systems have been studied extensively during the last two decades due Abstract to their many practical applications. Such systems possess numerous properties not shared by the well-known state variable systems. This paper considers the linear tracking problem for the continuous-time singular systems. The Hamilton-Jacobi theory is used in order to compute the optimal control and associa...

quantitative determination of optimal fiscal and monetary policies: a stochastic optimal control analysis for iran

Control limit policies in a replacement model with additive phase-type distributed damage and linear restoration

We consider a replacement model for an additive damage process with linear restoration. The replacement policy is of the control limit type. Between replacements the damage level process is modeled as a compound Poisson process with positive jumps and negative drift, re ected at 0. We introduce meaningful cost functionals for this system and determine them explicitly for three special cases whe...