Business Dynamics Models : Optimization-Based One Step Ahead Optimal Control Paperback / softback
by Eugenius Kaszkurewicz, Amit Bhaya
Part of the Advances in Design and Control series
Paperback / softback
- Information
Description
This book introduces optimal control methods, formulated as optimization problems, applied to business dynamics problems.
Business dynamics refers to a combination of business management and financial objectives embedded in a dynamical system model.
The model is subject to a control that optimizes a performance index and takes both management and financial aspects into account. Business Dynamics Models: Optimization-Based One Step Ahead Optimal Control includes solutions that provide a rationale for the use of optimal control and guidelines for further investigation into more complex models, as well as formulations that can also be used in a so-called flight simulator mode to investigate different complex scenarios.
The text offers a modern programming environment (Jupyter notebooks in JuMP/Julia) for modeling, simulation, and optimization, and Julia code and notebooks are provided on a website for readers to experiment with their own examples. This book is intended for students majoring in applied mathematics, business, and engineering.
The authors use a formulation-algorithm-example approach, rather than the classical definition-theorem-proof, making the material understandable to senior undergraduates and beginning graduates.
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Out of Stock - We are unable to provide an estimated availability date for this product
- Format:Paperback / softback
- Pages:190 pages
- Publisher:Society for Industrial & Applied Mathematics,U.S.
- Publication Date:30/11/2022
- Category:
- ISBN:9781611977301
Information
-
Out of Stock - We are unable to provide an estimated availability date for this product
- Format:Paperback / softback
- Pages:190 pages
- Publisher:Society for Industrial & Applied Mathematics,U.S.
- Publication Date:30/11/2022
- Category:
- ISBN:9781611977301