{"product_id":"business-dynamics-models-optimization-based-one-step-ahead-optimal-control-9781611977301","title":"Business Dynamics Models: Optimization-Based One","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eThis book introduces optimal control methods, formulated as optimization problems, applied to business dynamics problems. Business dynamics refers to a combination of business management and financial objectives embedded in a dynamical system model. The model is subject to a control that optimizes a performance index and takes both management and financial aspects into account.\u003cbr\u003e\u003cbr\u003e\u003cem\u003eBusiness Dynamics Models: Optimization-Based One Step Ahead Optimal Control\u003c\/em\u003e includes solutions that provide a rationale for the use of optimal control and guidelines for further investigation into more complex models, as well as formulations that can also be used in a so-called flight simulator mode to investigate different complex scenarios. The text offers a modern programming environment (Jupyter notebooks in JuMP\/Julia) for modeling, simulation, and optimization, and Julia code and notebooks are provided on a website for readers to experiment with their own examples.\u003cbr\u003e\u003cbr\u003eThis book is intended for students majoring in applied mathematics, business, and engineering. The authors use a formulation-algorithm-example approach, rather than the classical definition-theorem-proof, making the material understandable to senior undergraduates and beginning graduates.","brand":"Society for Industrial \u0026 Applied Mathematics,U.S.","offers":[{"title":"Default Title","offer_id":50578265080151,"sku":"9781611977301","price":75.65,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781611977301.jpg?v=1746098585","url":"https:\/\/bookcurl.com\/products\/business-dynamics-models-optimization-based-one-step-ahead-optimal-control-9781611977301","provider":"Book Curl","version":"1.0","type":"link"}