Optimal control of dams using \(P_{\lambda,\tau}^{M}\) policies and penalty cost
type: Item
instance of: scholarly article
title: Optimal control of dams using \(P_{\lambda,\tau}^{M}\) policies and penalty cost
zbMATH Open document ID: 1061.93095
DOI: 10.1016/S0895-7177(03)90112-9
published in: Mathematical and Computer Modelling
publication date: 2004-08-06T00:00:00Z
review text: In a series of publications, the author has studied optimal control of dams with various input processes, using \(P^M_{\lambda,\tau}\) policies. This paper is essentially a summary of results proved in a submitted paper treating the problem with a Lévy input. The optimal control is calculated with respect to the total discounted cost, as well as the long run average cost.
reviewed by: Heinrich Hering
Mathematics Subject Classification ID: 93E20
Mathematics Subject Classification ID: 90C40
zbMATH DE Number: 2082342
zbMATH Keywords: \(P_{\lambda
zbMATH Keywords: \tau}^M\) policies
zbMATH Keywords: Lévy process
zbMATH Keywords: Expected total discounted cost
zbMATH Keywords: Expected long-run average cost
zbMATH Keywords: Potentials
author: Mohamed Abdel-Hameed
MaRDI profile type: Publication
cites work: Two-stage output procedure of a finite dam
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cites work: Q5556844
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full work available at URL: s0895-7177(03)90112-9
OpenAlex ID: W1974867343
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description: scientific article; zbMATH DE number 2082342