While inventory- and revenue-management problems can be represented as Markov decision process (MDP) models, in some cases the well-known dynamic-programming curse of dimensionality makes it computationally prohibitive to solve them exactly. An alternative solution, called here the...

This paper examines the issue of the generation of optimal control policies where there are explicit constraints upon the control values and there is limited knowledge of the complex economic system. The paper develops a methodology where the constrained optimal control is based upon a separate...

This paper deals with the on-line estimation and optimal control of a biological wastewater treatment process. The objective of the control is to force the residual substrate and the dissolved oxygen concentrations to track a given reference model despite the disturbances and system parameter...