Authors: Liu Ke
Addresses: Institute of Applied Mathematics, Academia Sinica, Beijing, China
Abstract: Markovian decision processes are introduced in this paper. In particular, it is shown how to model a real problem on Markovian decision processes in China. There are two real applications in this paper: one is a reservoir control problem and the other is a machine maintenance problem.
Keywords: Markov processes; optimal policy; hydropower stations; machine maintenance; China; decision making; reservoir control; modelling; optimisation.
International Journal of Continuing Engineering Education and Life-Long Learning, 1994 Vol.4 No.1/2, pp.50 - 57
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