A powertrain system includes an engine coupled to an input member of a transmission device operative to transmit torque between the input member and a torque machine and an output member. The torque machine is connected to an energy storage device. A method for controlling a powertrain system includes monitoring a temperature of the energy storage device, selecting a candidate powertrain system operating point, determining an output power from the energy storage device associated with the candidate powertrain system operating point, determining a power loss for operating the powertrain system at the candidate powertrain system operating point, and determining operating costs for operating the powertrain system at the candidate powertrain system operating point associated with the power loss and based upon the temperature of the energy storage device.