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We show existence of an optimal control by applying a probabilistic technique based on the concept of Snell envelopes. We then apply this result to solve an impulse control problem for stochastic delay differential equations driven by a Brownian motion and an independent compound Poisson process. Furthermore, we show that the studied problem arises naturally when maximizing the revenue from operation of a group of hydro-power plants with hydrological coupling.<\/jats:p>","DOI":"10.1007\/s00186-019-00699-1","type":"journal-article","created":{"date-parts":[[2019,12,27]],"date-time":"2019-12-27T13:02:52Z","timestamp":1577451772000},"page":"465-500","update-policy":"https:\/\/doi.org\/10.1007\/springer_crossmark_policy","source":"Crossref","is-referenced-by-count":5,"title":["A finite horizon optimal switching problem with memory and application to controlled SDDEs"],"prefix":"10.1007","volume":"91","author":[{"ORCID":"https:\/\/orcid.org\/0000-0003-3111-4820","authenticated-orcid":false,"given":"Magnus","family":"Perninge","sequence":"first","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"297","published-online":{"date-parts":[[2019,12,27]]},"reference":[{"key":"699_CR1","doi-asserted-by":"publisher","first-page":"181","DOI":"10.1007\/s00245-017-9425-1","volume":"79","author":"N Agram","year":"2019","unstructured":"Agram N, \u00d8ksendal B (2019) Stochastic control of memory mean-field processes. 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