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portada Business Dynamics Models. Optimization-Based One Step Ahead Optimal Control
Type
Physical Book
Publisher
Author
Collection
Advances in Design and Control
Year
2022
Language
English
Pages
190
Format
Paperback
ISBN13
9781611977301

Business Dynamics Models. Optimization-Based One Step Ahead Optimal Control

Eugenius Kaszkurewicz;Amit Bhaya (Author) · SIAM - Society for Industrial and Applied Mathematics · Paperback

Business Dynamics Models. Optimization-Based One Step Ahead Optimal Control - Eugenius Kaszkurewicz;Amit Bhaya

New Book Imported to Taiwan
Delivery: 29 Sep - 07 Oct Shipping: 14 to 15 business days.
NT$ 3,848
NT$ 3,848

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Synopsis "Business Dynamics Models. Optimization-Based One Step Ahead Optimal Control"

Introduces optimal control methods, formulated as optimization problems, applied to business dynamics problems. The book includes solutions that provide a rationale for the use of optimal control and guidelines for further investigation into more complex models.

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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