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Titlebook: Optimal Control Theory; Applications to Mana Suresh P. Sethi Textbook 20193rd edition Springer Nature Switzerland AG 2019 Optimal Control T

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書目名稱Optimal Control Theory
副標(biāo)題Applications to Mana
編輯Suresh P. Sethi
視頻videohttp://file.papertrans.cn/703/702807/702807.mp4
概述Presents a fully updated textbook on optimal controls with management science applications that models realistic situations faced in business and management.Contains end of chapter exercises and numer
圖書封面Titlebook: Optimal Control Theory; Applications to Mana Suresh P. Sethi Textbook 20193rd edition Springer Nature Switzerland AG 2019 Optimal Control T
描述.This fully revised 3rd edition offers an introduction to optimal control theory and its diverse applications in management science and economics. It brings to students the concept of the maximum principle in continuous, as well as discrete, time by using 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 faced in business and economics. The book exploits optimal control theory to the functional areas of management including finance, production and marketing and to economics of growth and of natural resources. In addition, this new edition features materials on stochastic Nash and Stackelberg differential games and an adverse selection model in the principal-agent framework. The book provides exercises for each chapter and answers to selected exercises to help deepen the understanding of the material presented. Also included are appendices comprised of supplementary material on the solution of differential equations, the calculus of variations and its relationships to the maximum principle, and special topics including the Kalman filter, certainty equiv
出版日期Textbook 20193rd edition
關(guān)鍵詞Optimal Control Theory; Maximum Principle; Optimal Financing Model; Production-Inventory Systems; Optima
版次3
doihttps://doi.org/10.1007/978-3-319-98237-3
isbn_ebook978-3-319-98237-3
copyrightSpringer Nature Switzerland AG 2019
The information of publication is updating

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Springer Nature Switzerland AG 2019
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Applications to Production and Inventory,he lot size formula of Harris?(.). The EOQ is essentially a static model in the sense that the demand is constant and only a stationary solution is sought. A dynamic version of the lot size model was analyzed by Wagner and Whitin?(.). The solution methodology used there was dynamic programming.
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