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Forecast Horizon In A Dynamic Family Of One Dimensional Control Problems
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Book Synopsis Forecast Horizon in a Dynamic Family of One-dimensional Control Problems by : Ryszarda Rempała
Download or read book Forecast Horizon in a Dynamic Family of One-dimensional Control Problems written by Ryszarda Rempała and published by . This book was released on 1991 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Optimal Control Theory by : Suresh P. Sethi
Download or read book Optimal Control Theory written by Suresh P. Sethi and published by Springer Nature. This book was released on 2022-01-03 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new 4th edition offers an introduction to optimal control theory and its diverse applications in management science and economics. It introduces students to the concept of the maximum principle in continuous (as well as discrete) time by combining dynamic programming and Kuhn-Tucker theory. While some mathematical background is needed, the emphasis of the book is not on mathematical rigor, but on modeling realistic situations encountered in business and economics. It applies optimal control theory to the functional areas of management including finance, production and marketing, as well as the economics of growth and of natural resources. In addition, it features material on stochastic Nash and Stackelberg differential games and an adverse selection model in the principal-agent framework. Exercises are included in each chapter, while the answers to selected exercises help deepen readers’ understanding of the material covered. Also included are appendices of supplementary material on the solution of differential equations, the calculus of variations and its ties to the maximum principle, and special topics including the Kalman filter, certainty equivalence, singular control, a global saddle point theorem, Sethi-Skiba points, and distributed parameter systems. Optimal control methods are used to determine optimal ways to control a dynamic system. The theoretical work in this field serves as the foundation for the book, in which the author applies it to business management problems developed from his own research and classroom instruction. The new edition has been refined and updated, making it a valuable resource for graduate courses on applied optimal control theory, but also for financial and industrial engineers, economists, and operational researchers interested in applying dynamic optimization in their fields.
Download or read book Dissertationes mathematicae written by and published by . This book was released on 1998 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Decision and Forecast Horizons for One-Dimensional Optimal Control Problems by : Ryszarda Rempala
Download or read book Decision and Forecast Horizons for One-Dimensional Optimal Control Problems written by Ryszarda Rempala and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper obtains decision and forecast horizons for undiscounted, continuous time one dimensional control systems. Some general conditions for the existence of horizons arising from the constraints imposed on the system are derived by using the optimality principle. These conditions are applicable to a variety of problems, including those of production planning, machine maintenance and cash management. Also derived are existence results that depend on the interplay between various costs involved in the context of a generalized production inventory model. Horizons are obtained explicitly in some cases. The model includes as special cases a version of the wheat trading problem and some other inventory problems that have appeared in the literature. The paper concludes with an application of the model to a continuous time concave production planning problem not yet treated in the horizon context.
Author :Onesimo Hernandez-Lerma Publisher :Springer Science & Business Media ISBN 13 :1461205611 Total Pages :286 pages Book Rating :4.4/5 (612 download)
Book Synopsis Further Topics on Discrete-Time Markov Control Processes by : Onesimo Hernandez-Lerma
Download or read book Further Topics on Discrete-Time Markov Control Processes written by Onesimo Hernandez-Lerma and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Devoted to a systematic exposition of some recent developments in the theory of discrete-time Markov control processes, the text is mainly confined to MCPs with Borel state and control spaces. Although the book follows on from the author's earlier work, an important feature of this volume is that it is self-contained and can thus be read independently of the first. The control model studied is sufficiently general to include virtually all the usual discrete-time stochastic control models that appear in applications to engineering, economics, mathematical population processes, operations research, and management science.
Book Synopsis Existence of decision and forecast horizons for one-dimensional control problems with application by : Ryszarda Rempała
Download or read book Existence of decision and forecast horizons for one-dimensional control problems with application written by Ryszarda Rempała and published by . This book was released on 1988 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Proceedings written by and published by . This book was released on 1995 with total page 742 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Manufacturing & Service Operations Management by :
Download or read book Manufacturing & Service Operations Management written by and published by . This book was released on 2002 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Applicationes Mathematicae written by and published by . This book was released on 1995 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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Book Synopsis A Unified Lorenz-type Approach to Divergence and Dependence by : Teresa Kowalczyk
Download or read book A Unified Lorenz-type Approach to Divergence and Dependence written by Teresa Kowalczyk and published by . This book was released on 1994 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Boolean Algebras of Projections and Ranges of Spectral Measures by : S. Okada
Download or read book Boolean Algebras of Projections and Ranges of Spectral Measures written by S. Okada and published by . This book was released on 1997 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Multi-valued Superpositions by : Jürgen Appell
Download or read book Multi-valued Superpositions written by Jürgen Appell and published by . This book was released on 1995 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Noncharacteristic Mixed Problems for Hyperbolic Systems of the First Order by : Ewa Zadrzyńska
Download or read book Noncharacteristic Mixed Problems for Hyperbolic Systems of the First Order written by Ewa Zadrzyńska and published by . This book was released on 1991 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Semi-simplicial Approach to Foliations and Their Transverse Structure by : Grzegorz Andrzejczak
Download or read book A Semi-simplicial Approach to Foliations and Their Transverse Structure written by Grzegorz Andrzejczak and published by . This book was released on 1991 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Game Theory and Mathematical Economics by : Andrzej Wieczorek
Download or read book Game Theory and Mathematical Economics written by Andrzej Wieczorek and published by . This book was released on 2006 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: