Distributed Parameter Systems Approach to the Optimal Cattle Ranching Problem

This paper describes a maximum principle for distributed parameter systems, i.e. systems characterized by partial differential equations. The maximum principle is applied to solve the problem of a cattle rancher who must decide the number of cattle in different age groups to be bought and sold at each instant in order to maximize his profits

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Year of publication:	2014
Authors:	Derzko, N. A. ; Sethi, Suresh ; Thompson, Gerald L.
Publisher:	[S.l.] : SSRN

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Extent:	1 Online-Ressource (8 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Optimal Control Applications & Methods, Vol. 1, pp. 3-10, 1980 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 1980 erstellt
Classification:	C61 - Optimization Techniques; Programming Models; Dynamic Analysis ; M11 - Production Management ; Q1 - Agriculture
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014046441