the partial differential equations for water flow and solute transport in a two-dimensional saturated domain are rendered discrete using the finite difference technique; the resulting system of algebraic equations is solved using a dynamic programming (dp) method. the advantage of the dp algorithm is that the problem is converted from solving an algebraic system of order nc(nl-1) nc(nl-1) into...

We consider an asset-liability management (ALM) problem for a defined benefit pension fund (PF). The PF manager is assumed to follow a maximal fund valuation problem facing an extended set of risk factors:  due to the longevity of the    PF members, the inflation affecting salaries in real terms and future incomes, interest rates and market factors affecting jointly the PF liability and asset p...

Consider the problem of computing E[j] = mit:! {D[k] + w(k, j)}, j = 1, ... , n, O~k~]-l where w is a given weight function, D[D] is given and for every k = 1, ... , n, D[k] is easily computable from E[k]. This problem appears as a subproblem in dynamic programming solutions to various problems. Obviously, it can be solved in time O( n ), and for a general weight function no better algorithm is...

Computational dynamic programming, while of some use for situations typically encountered in industrial and systems engineering, has proved to be of much greater significance in many areas of computer science. We review some of these applications here.

This paper describes an energy-aware, airborne, dynamic data-driven application systems for persistent sensing in complex atmospheric conditions. The work combines i.) new onboard and remote real-time, wind sensing capabilities; ii.) online models for planning based on Gaussian processes for onboard data and dynamic atmospheric models that assimilate Doppler radar data; and iii.) a hierarchical...

Bellman's dynamic programming methodology can be applied to a wide range of computer science optimization problems. Some of these applications are briefly reviewed here. This work has led to advances in numerous other areas of computer science, including programming languages, computer simulation, and computer architecture. In turn, advances in these other areas suggest other applications of an...