1 Department of Statistics and Mathematics, Bindura University of Science Education, Bindura, Zimbabwe 2 Department of Mathematics, University of Botswana, Gaborone, Botswana This study develops a ...

Researchers from Iran’s Babol Noshirvani University of Technology have developed a new framework for optimizing the capacity of PV and battery storage in smart homes (SHs). The novel technique employs ...

Abstract: This paper introduces MOP, a development that implements the first application of Stochastic Dual Dynamic Programming (SDDP) for optimization of the Uruguayan power system. The study ...

Petroleum is the pillar industry of the national economy, but safety accidents are frequent all over the world. The government attaches more importance to the safety production management of ...

Abstract: Biofuels derived from feedstock offer a sustainable source for meeting energy needs. The design of supply chains that deliver these fuels needs to consider quality variability with special ...

Our main result is to prove almost-sure convergence of a stochastic-approximation algorithm defined on the space of measures on a noncompact space. Our motivation is to apply this result to ...

ABSTRACT: Multiple objective stochastic linear programming is a relevant topic. As a matter of fact, many practical problems ranging from portfolio selection to water resource management may be cast ...

ABSTRACT: Stochastic two-stage linear optimization is an important and widely used optimization model. Efficiency of numerical integration of the second stage value function is critical. However, the ...