Open-loop control of stochastic fluid systems and applications

Open-loop control of stochastic fluid systems and applications

0.00 Avg rating—0 Votes
Article ID: iaor20083333
Country: Netherlands
Volume: 35
Issue: 4
Start Page Number: 455
End Page Number: 462
Publication Date: Jul 2007
Journal: Operations Research Letters
Authors: ,
Keywords: stochastic processes
Abstract:

We consider a stochastic process Q(t) satisfying a linear differential equation, driven by a jump process which is modulated by a binary sequence. We prove multimodular properties related to the process Q(t) and apply those results to optimal strategies in storage systems models and in ruin problems.

Reviews

Required fields are marked *. Your email address will not be published.