If we want to control power flow in different parts of a system and we want to design a control algorithm for optimization usage of power, can we use some other mathematical environment rather than using stochastic process approach?
When you cast your problem as an optimisation of an objective function with some constraints, there are various ways of finding its solution (approximate usually). Classical optimisation apporaches can have no stoachstic element; however, all modern approaches I am aware of have a stochastic element, for example, GA uses probability when making mutation and cross-over.