The objective of the Vehicle Routing Problem (VRP), in the meaning of this paper, is to find the best path for a vehicle, or the best paths for a fleet of vehicles, with the aim of visiting a set of targets. Possible applications of the vehicle routing problem include surveillance, exploration,...

This paper describes a novel integration of shale-gas supply in geographical proximity to natural-gas power production. Shale-gas reservoirs hold special properties that make them particularly suited for intermittent shut-in based production schemes. The proposed scheme argues that shale-gas...

We propose a new methodology for discrete time dynamic hedging with transaction costs that has three key performance features. First, the methodology can accommodate the use of a wide range of objective functions, from the use of many types of utility functions to the more traditional objectives...