# Formulating and solving sequential decision analysis models with continuous variables

@article{Stonebraker1997FormulatingAS, title={Formulating and solving sequential decision analysis models with continuous variables}, author={Jeffrey S. Stonebraker and Craig W. Kirkwood}, journal={IEEE Transactions on Engineering Management}, year={1997}, volume={44}, pages={43-53} }

This paper presents a new decision analysis approach for modeling decision problems with continuous decision and/or random variables, and applies the approach to a research and development (R&D) planning problem. The approach allows for compact, natural formulation for classes of decision problems that are less appropriately addressed with standard discrete-variable decision analysis methods. Thus it provides a useful alternative analysis approach for problems that are often addressed in…

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