this paper presents dynamic portfolio model based on the merton's optimal investment-consumption model, which combines dynamic synthetic put option using risk-free and risky assets. this paper is extended version of methodological paper published by yuan yao (2012) cite{26}. because of the long history of the development of foreign financial market, with a variety of financial derivatives, the ...

planning robot trajectory is a complex task that plays a significant role in design and application of robots in task space. the problem is formulated as a trajectory optimization problem which is fundamentally a constrained nonlinear optimization problem. open-loop optimal control method is proposed as an approach for trajectory optimization of cable parallel manipulator for a given two-end-po...

one major branch in mathematical sciences, which recently has been given especial attention, is optimization, including various methods such as linear programming, integer programming, and dynamic programming. due to the unique characteristics of air treatment systems, specifically multistage nature of such systems, dynamic programming has been widely applied. the purpose of this paper is to fi...

the dynamic facility layout problem (dflp) is the problem of finding positions of departments onthe plant floor for multiple periods (material flows between departments change during the planning horizon)such that departments do not overlap, and the sum of the material handling and rearrangement costs isminimized. in this paper a new optimization algorithm inspired from colonizing weeds, invasi...

in this paper, the application of neural networks for simulation and optimization of the cogeneration systems has been presented. cgam problem, a benchmark in cogeneration systems, is chosen as a casestudy. thermodynamic model includes precise modeling of the whole plant. for simulation of the steadysate behavior, the static neural network is applied. then using dynamic neural network, plant is...

this study concerns the scope to improve water flooding in heterogeneous reservoirs. we used an existing, in-house developed, optimization program consisting of a reservoir simulator in combination with an adjoint-based optimal control algorithm. in particular we aimed to examine the scope for optimization in a two-dimensional horizontal reservoir containing a single high permeable streak, as a...

In this paper, a general framework was presented to boost heuristic optimization algorithms based on swarm intelligence from static to dynamic environments. Regarding the problems of dynamic optimization as opposed to static environments, evaluation function or constraints change in the time and hence place of optimization. The subject matter of the framework is based on the variability of the ...

for any agency dealing with the design of the water distribution network, an economic design will be an objective. in this research, central force optimization (cfo) and differential evolution (de) algorithm were used to optimize ismail abad water distribution network. optimization of the network has been evaluated by developing an optimization model based on cfo and de algorithm in matlab and ...

Planning robot trajectory is a complex task that plays a significant role in design and application of robots in task space. The problem is formulated as a trajectory optimization problem which is fundamentally a constrained nonlinear optimization problem. Open-loop optimal control method is proposed as an approach for trajectory optimization of cable parallel manipulator for a given two-end-po...