This research was motivated by design problems in queueing theory where the objective function is composed of a discrete variable and a continuous variable. Sufficient conditions are developed such ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor ...

Mathematics of Operations Research, Vol. 41, No. 1 (February 2016), pp. 146-173 (28 pages) This paper investigates the problem of maximizing expected terminal utility in a (generically incomplete) ...

Dynamic equations and time scale analysis offer a unifying framework for the study of systems evolving over time, whether in continuous, discrete, or hybrid settings. By integrating differential and ...