One. Finite Alternatives -- § 1. Introduction -- § 2. Geometric Interpretation -- § 3. Principle of Optimality -- § 4. Value Functions for Infinite Horizons: Value Iteration -- § 5. Policy Iteration -- § 6. Stability Properties -- § 7. Problems without Discount and with Infinite Horizon...

Ake E.Andersson has always been intellectually on the move. He has selected his own track through the academic system and has formed a school of thought which has brought him international recognition. The cornerstones of his scientific interest are welfare analysis, regional economic dynamics...

This book contains a sample of Professor Tönu Puu's contributions to economic theory. The topics range from seminal results on investment criteria under imperfect capital markets and rules for optimal resource extraction when the grade of the ore is heterogeneous, to applications of modern...

In dem vorliegenden Buch wird dargestellt, wie Lagerhaltung nach den heutigen Erkenntnissen mit Hilfe von Operations Research rational gestaltet werden kann. Es werden neben deterministischen Lagerhaltungsmodellen (Produktionslager) auch Modelle mit stochastischer Nachfrage (Handelslager) bei...