We solve optimal transportation problem using stochastic optimal control theory. Indeed, for a super linear cost at most quadratic at infinity, we prove Kantorovich duality theore...
The Markov chain approximation method is an effective and widely used approach for computing optimal values and controls for stochastic systems. It was extended to nonlinear (and p...
In this study, a single-item two-echelon inventory system where the items can be stored in each of N stocking locations is optimized using simulation. The aim of this study is to ...
We investigate a new approach for solving boundary control problems for dynamical systems that are governed by transport equations, when the control function is restricted to binar...