The Optimal Policy of Dividends, Investments, and Capital Distribution for the Dynamic Model of a Company
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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.
KeywordsMechanical Engineer Control Problem System Theory Feedback Control Technological Process
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