OPTIMAL INVESTMENT WITH TIME LAGS
โ Scribed by Edna Loehman
- Book ID
- 111044131
- Publisher
- John Wiley and Sons
- Year
- 1972
- Tongue
- English
- Weight
- 419 KB
- Volume
- 24
- Category
- Article
- ISSN
- 0026-1386
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
## Abstract This paper presents an explicit solution of a simple investment problem with entry lags and when the underlying stochastic process is arithmetic. It is shown that, without abandonment, the optimal investment plan is independent of the length of the lag. Copyright ยฉ 2000 John Wiley & Son
This paper deals with the problem of production and advertising policy for a decaying item whose gradual loss of potential or utility is associated with the passage of time, such as grain, photographic film or electronic components. The delay effects of the advertisement on the sales rate are also c