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Stage-lookahead dynamic programming algorithms for stochastic problems with time-lagged control dynamics

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2 Author(s)
Mizutani, E. ; Dept. of Ind. Manage., Nat. Taiwan Univ. of Sci. & Technol., Taipei, Taiwan ; Dreyfus, S.

We investigate three stochastic problems (linear dynamics quadratic criterion, minimum-cost path, equipment replacement) with time-delayed control dynamics. We show how the concept of ¿stage lookahead¿ helps to reduce the number of arguments in the optimal value function of dynamic programming in order to alleviate the so-called curse of dimensionality.

Published in:
Industrial Engineering and Engineering Management, 2009. IEEM 2009. IEEE International Conference on

Date of Conference: 8-11 Dec. 2009

Page(s):
301 - 305
E-ISBN :
978-1-4244-4870-8
Print ISBN:
978-1-4244-4869-2
INSPEC Accession Number:
11056514
Conference Location :
Hong Kong
Digital Object Identifier :
10.1109/IEEM.2009.5373354
Product Type:
Conference Publications

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