In addition to other methods we’ve discussed, a third type of variable spending model uses dynamic programming methods. These methods rely on complex computing power and mathematical equations to ...

Start working toward program admission and requirements right away. Work you complete in the non-credit experience will transfer to the for-credit experience when you ...

The background for this paper is a dynamic programming model with a Borel state space and compact action sets. A new simple proof of the compactness of a space of measures corresponding to randomized ...

This is a preview. Log in through your library . Abstract This paper describes a dynamic programming model that has been developed to determine an optimal expansion plan for the generating capacity of ...