The present time, denoted at n = 0 and the expiration time, denoted at n = N . The lower case letter n, k (and occasionally i, j,m) will be used to denote the time variable. The notation Sk (or Sn, Si, Sj · · · ) denotes the value of the stock (the underlying) at time k (or time n, i, j · · · ). An important convention we’ll use is that S0 will always be a constant, that is the present value of...

Today, the power system operation represents a challenge given security and reliability requirements. Mathematical models are used to represent solve operational planning issues related with electric systems. Specifically, AC optimal flow (ACOPF) DC (DCOPF) tools for purposes. The DCOPF versions correspond lineal of ACOPF. This is due fact that solution often hard obtain ACOPF considering all c...