We present a novel linear program for the approximation of the dynamic programming cost-to-go function in high-dimensional stochastic control problems. LP approaches to approximate DP have typically ...

Advantages of Network Models over LP Models Many linear programming problems have large embedded network structures. Such problems often result when modeling manufacturing processes, transportation or ...

1. Formulate an LP model for this problem 2. Create a spreadsheet model for this problem and solve it using solver 3. What is the optimal solution 4.

The purpose of this article is to suggest and demonstrate a procedure for testing economy wide linear programming models.The suggested procedure applies the linear programming model to an historical ...