Dynamic stochastic matching problems arise in a variety of recent applications, ranging from ridesharing and online video games to kidney exchange. Such problems are naturally formulated as Markov ...
Mathematical Background: We expect that the student is comfortable with basic mathematics at the level of a U.S. first-year college STEM student. This includes basic notions such as sets and functions ...
A well-established mathematical algorithm known as dynamic programming, combined with advances in personal computing power, now allows straightforward optimization of fixed-bed catalyst life strategy.
Dynamic optimization and optimal control problems form the backbone of numerous applications in engineering, economics and the natural sciences. These methodologies involve determining a time-varying ...