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- W65277079 abstract "This paper addresses the problem of allocating high-voltage transformer spares (not installed) throughout the electric grid to mitigate the risk of random transformer failures. With this application we investigate the use of approximate dynamic programming (ADP) for solving large scale stochastic facility location problems. The ADP algorithms that we develop consistently obtain near optimal solutions for problems where the optimum is computable and outperform a standard heuristic on more complex problems. Our computational results show that the ADP methodology can be applied to large scale problems that cannot be solved with exact algorithms." @default.
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- W65277079 date "2011-11-17" @default.
- W65277079 modified "2023-09-25" @default.
- W65277079 title "An Approximate Dynamic Programming Algorithm for the Allocation of High-Voltage Transformer Spares in the Electric Grid" @default.
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- W65277079 doi "https://doi.org/10.1007/978-3-642-23193-3_17" @default.
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