Год издания: 2005
Количество страниц: 524
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Sethi and Thompson have provided management science and economics communities with a thoroughly revised edition of their classic text on Optimal Control Theory. Central to the book is its extraordinarily wide range of optimal control theory applications. Chapter 5 covers finance; Chapter 6 considers production and inventory problems; Chapter 7 covers marketing problems; Chapter 9 treats machine maintenance and replacement; Chapter 10 deals with problems of optimal consumption of natural resources (renewable or exhaustible); and Chapter 11 discusses a number of applications of control theory to economics. The book has been successfully used as a professional reference tool and as a graduate course book. Its usefulness lies in its emphasis on building applied models of realistic problems faced in a variety of business management situations. The new edition has been completely refined with careful attention to the text and graphic material presentation. In Chapter 3, models have been...