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Full-Text Articles in Physical Sciences and Mathematics
Joint Manufacturing And Onsite Microgrid System Control Using Markov Decision Process And Neural Network Integrated Reinforcement Learning, Wenqing Hu, Zeyi Sun, Y. Zhang, Y. Li
Joint Manufacturing And Onsite Microgrid System Control Using Markov Decision Process And Neural Network Integrated Reinforcement Learning, Wenqing Hu, Zeyi Sun, Y. Zhang, Y. Li
Mathematics and Statistics Faculty Research & Creative Works
Onsite microgrid generation systems with renewable sources are considered a promising complementary energy supply system for manufacturing plant, especially when outage occurs during which the energy supplied from the grid is not available. Compared to the widely recognized benefits in terms of the resilience improvement when it is used as a backup energy system, the operation along with the electricity grid to support the manufacturing operations in non-emergent mode has been less investigated. In this paper, we propose a joint dynamic decision-making model for the optimal control for both manufacturing system and onsite generation system. Markov Decision Process (MDP) is …
Less Is More: Beating The Market With Recurrent Reinforcement Learning, Louis Kurt Bernhard Steinmeister
Less Is More: Beating The Market With Recurrent Reinforcement Learning, Louis Kurt Bernhard Steinmeister
Masters Theses
"Multiple recurrent reinforcement learners were implemented to make trading decisions based on real and freely available macro-economic data. The learning algorithm and different reinforcement functions (the Differential Sharpe Ratio, Differential Downside Deviation Ratio and Returns) were revised and the performances were compared while transaction costs were taken into account. (This is important for practical implementations even though many publications ignore this consideration.) It was assumed that the traders make long-short decisions in the S&P500 with complementary 3-month treasury bill investments. Leveraged positions in the S&P500 were disallowed. Notably, the Differential Sharpe Ratio and the Differential Downside Deviation Ratio are risk …