Energy and Buildings, Vol.43, No.7, 1523-1530, 2011
A rapid PDE-based optimization methodology for temperature control and other mixed stochastic and deterministic systems
The optimal timing of temperature control generally leads to analytically intractable problems: the state variables' changes in time may be continuous and/or in steps, and may be deterministic and/or stochastic. This problem can be specified concisely as a partial differential equation (PDE), and rapidly solved numerically on a PC (typically a million times faster than exhaustive simulation). By solving the PDE, we can estimate many of the system's physical and/or economic behaviours. We also present a rapid and robust numerical procedure for optimizing the control policy; these methods also have wide applicability in engineering, micro-economics and financial economics. (C) 2011 Elsevier B.V. All rights reserved.
Keywords:Deterministic inventory theory;Infinite linear programming duality;Existence of optimal policies;Semi-Markov decision process;Cyclic schedule;Hamilton-Jacobi-Bellman equation;Optimal temperature control