## Abstract This paper deals with an optimal advertising model with two state variables. The revenue and efficiency functions are concave. The aim is to choose the rate of advertising expenditures over time in a way that maximizes the present value of net profit streams over an infinite horizon sub
Computation of non-linear continuous optimal growth models: experiments with optimal control algorithms and computer programs
โ Scribed by Sardar M.N Islam; B.D Craven
- Book ID
- 117434456
- Publisher
- Elsevier Science
- Year
- 2001
- Tongue
- English
- Weight
- 169 KB
- Volume
- 18
- Category
- Article
- ISSN
- 0264-9993
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
A shape optimization method for geometrically non-linear structural mechanics based on a sensitivity gradient is proposed. This gradient is computed by means of an adjoint state equation and the structure is analysed with a total Lagrangian formulation. This classical method is well understood for r
Least squares goal programming on the balance set is used to determine the optimal balance point of a multiobjective linear program. Then, available linear system solvers or standard single objective LP software codes can be applied for computing goal-optimal Pareto solutions. The method is applicab