In this paper, we consider a newsvendor who is going to invest on dedicated or flexible capacity, our goal is to find the optimal investment policy to maximize total profit while the newsvendor faces uncertainty in lead time and demand simultaneously. As highlighted in literature, demand is stochastic, while lead time is constant. However, in reality lead time uncertainty decreases newsvendor's...

in this paper, the 1/4 vehicle model have been simulated. the vehicle body acceleration using optimal control has been optimized. the vehicle ride comfort is achieved by using robust control, and it has been compared with optimal control. the active suspension can help the vehicle to have a good dynamic behavioral. in this paper, two degrees of freedom dynamic vibration model of a general vehic...

increasing of word demand load caused a new distributed generation (dg) to enter to powersystem. one of the most renewable energy is the photovoltaic system. it is beneficial to use thissystem in both separately as well as connected to power system using power electronics interface.in this paper an optimal pid controller for photovoltaic system systems has been developed. theoptimization techni...

In this paper, the continuous optimal control theory is used to model and solve the maximum entropy problem for a continuous random variable. The maximum entropy principle provides a method to obtain least-biased probability density function (Pdf) estimation. In this paper, to find a closed form solution for the maximum entropy problem with any number of moment constraints, the entropy is consi...

in this paper we present a new method for solving fractional optimal control problems with delays in state and control. this method is based upon bernstein polynomial basis and using feedback control. the main advantage of using feedback or closed-loop controls is that they can monitor their effect on the system and modify the output accordingly. in this work, we use bernstein polynomials to tr...

In this contribution we extend a recently developed framework for open loop input design to closed loop experiment design. More specifically, for the very common situation of a fixed controller during the identification experiment, the framework is extended to the design of an optimal reference signal spectrum and also to cope with closed loop signal constraints. In a further extension also the...

We derive the first closed-form optimal refinancing rule: Refinance when the current mortgage interest rate falls below the original rate by at least [Formula: see text] In this formula W(.) is the Lambert W-function, [Formula: see text]ρ is the real discount rate, λ is the expected real rate of exogenous mortgage repayment, σ is the standard deviation of the mortgage rate, κ/M is the ratio of ...

An optimal labeling where labels are disjoint axis-parallel equal-size squares is called 2PM labeling if the labels have maximum length each attached to its corresponding point on the middle of one of its horizontal edges. In a closed-2PM labeling, no two edges of labels containing points should intersect. Removing one point and its label, makes free room for its adjacent labels and may cause a...