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Optimal control with a cost of changing control
2013 Australian Control Conference, 2013In this paper, we consider a class of optimal control problems where the variation of the control variable is appended as a penalty term into the cost function to reduce the fluctuation of the control. A new computational approach is developed for solving this type of problems, based on control parametrization technique used in conjunction with the ...
Changjun Yu, Kok Lay Teo, Teng Tiow Tay
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Drift Control with Changeover Costs
Operations Research, 2011We model the problem of managing capacity in a build-to-order environment as a Brownian drift control problem and seek a policy that minimizes the long-term average cost. We assume the controller can, at some cost, shift the processing rate among a finite set of alternatives, for example by adding or removing staff, increasing or reducing the number ...
Matoğlu, Melda Örmeci, Vate, J. V.
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1993
The design of buildings takes place in phases representing a development from rough to precision planning. Estimates are made in order to test whether the result is still within the budget set by the client or developer. In this way, the decisions taken during the design phase can be quantified and expressed in monetary terms.
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The design of buildings takes place in phases representing a development from rough to precision planning. Estimates are made in order to test whether the result is still within the budget set by the client or developer. In this way, the decisions taken during the design phase can be quantified and expressed in monetary terms.
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1976
Cost control aims at ensuring that resources are used to the best advantage. In these days of ever-increasing costs the majority of promoters of building work are insisting on projects being designed and executed to give maximum value for money. Hence, quantity surveyors are employed to an increasing extent during the design stage to advise architects ...
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Cost control aims at ensuring that resources are used to the best advantage. In these days of ever-increasing costs the majority of promoters of building work are insisting on projects being designed and executed to give maximum value for money. Hence, quantity surveyors are employed to an increasing extent during the design stage to advise architects ...
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The Costs of Addiction and the Costs of Control
1989The policy debate about addiction and addiction control policies is permeated with inadequate data and the misuse of these limited data. The purpose of this chapter is to describe the UK consumption trends for alcohol and tobacco since 1960, to examine existing measures of harm associated with the use of these two substances, to indicate how these ...
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