Risk-averse control of a three-dimensional wear process

Authors
Lefebvre, M
Citation
M. Lefebvre, Risk-averse control of a three-dimensional wear process, INT J CONTR, 73(14), 2000, pp. 1307-1311
Citations number
10
Categorie Soggetti
AI Robotics and Automatic Control
Journal title
INTERNATIONAL JOURNAL OF CONTROL
ISSN journal
00207179 → ACNP
Volume
73
Issue
14
Year of publication
2000
Pages
1307 - 1311
Database
ISI
SICI code
0020-7179(20000920)73:14<1307:RCOATW>2.0.ZU;2-J
Abstract
The problem of maximizing the profit obtained by using a machine until it i s worn out is solved explicitly in one special instance. The performance cr iterion takes into account the risk sensitivity of the optimizer, who is as sumed to be risk-averse. The method of similarity solutions is used.