Optimal policies of a production-financial model of a company - I. Construction of routes

Citation
R. Gabasov et al., Optimal policies of a production-financial model of a company - I. Construction of routes, AUT REMOT R, 59(9), 1998, pp. 1285-1298
Citations number
7
Categorie Soggetti
AI Robotics and Automatic Control
Journal title
AUTOMATION AND REMOTE CONTROL
ISSN journal
00051179 → ACNP
Volume
59
Issue
9
Year of publication
1998
Part
2
Pages
1285 - 1298
Database
ISI
SICI code
0005-1179(199809)59:9<1285:OPOAPM>2.0.ZU;2-Y
Abstract
Optimization of a two-dimensional nonlinear production-financial model of a company is studied. With the use of the sufficient conditions of optimalit y stated in the paper, on optimal policy of dividends and investments is fo rmed as feedback controls. Part I is concerned with the construction of rou tes, which are used in Part II for optimization in two classes of admissibl e controls and generalization to problems under a constrained terminal stat e of the company and nonlinear quality criterion.