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DNS Curves in a Production/Inventory Model

✍ Scribed by G. Feichtinger; A. Steindl


Book ID
106432652
Publisher
Springer
Year
2006
Tongue
English
Weight
306 KB
Volume
128
Category
Article
ISSN
0022-3239

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πŸ“œ SIMILAR VOLUMES


A DNS-curve in a two-state capital accum
✍ Josef L. Haunschmied; Peter M. Kort; Richard F. Hartl; Gustav Feichtinger πŸ“‚ Article πŸ“… 2003 πŸ› Elsevier Science 🌐 English βš– 421 KB

In this paper we study a capital accumulation model in an optimal control theoretic framework, where the capital stock and the investment rate are modelled as state variables and the change in the investment rate as control. Adjustment costs are introduced for investment rate and its change. Moreove