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Automation and Remote Control

, Volume 62, Issue 8, pp 1349–1365 | Cite as

The Optimal Policy of Dividends, Investments, and Capital Distribution for the Dynamic Model of a Company

  • O. R. Gabasov
  • N. M. Dmitruk
Article

Abstract

Optimization of a dynamic production-finance model of a company utilizing two technological processes for producing a homogeneous product is investigated. The problem is formulated as an optimal control problem for a nonlinear object with phase and mixed constraints. Optimal programs and feedback controls are derived from sufficient conditions of optimality.

Keywords

Mechanical Engineer Control Problem System Theory Feedback Control Technological Process 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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REFERENCES

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    Hilton, O. van, Kort, P.M., and Loon P.J.J.M. van., Dynamic Policies of a Firm: An Optimal Control Approach, Berlin: Springer, 1993.Google Scholar
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    Pontryagin, L.S., Boltyanskii, V.G., Gamkrelidze, R.V., et al., Matematicheskaya teoriya optimal'nykh protsessov (Mathematical Theory of Optimal Processes), Moscow: Nauka, 1976.Google Scholar
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    Gabasov, R., Gabasova, O.R., and Dmitruk, N.M., Synthesis of an Optimal Policy for the Production-Finance Model of a Company. I. Construction of Routes, Avtom. Telemekh., 1998, no. 9, pp. 100-117.Google Scholar
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    Gabasov, R., Gabasova, O.R., and Dmitruk, N.M., Synthesis of an Optimal Policy for the Production-Finance Model of a Company. II. Program and Positional Solutions, Avtom. Telemekh., 1998, no. 10, pp. 95-112.Google Scholar

Copyright information

© MAIK “Nauka/Interperiodica” 2001

Authors and Affiliations

  • O. R. Gabasov
    • 1
  • N. M. Dmitruk
    • 2
  1. 1.Belarussian State UniversityMinskBelarus
  2. 2.Institute of MathematicsBelarussian National Academy of SciencesMinskBelarus

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