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Nelineinaya Dinamika [Russian Journal of Nonlinear Dynamics], 2010, Volume 6, Number 1, Pages 151–158
(Mi nd62)
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Time average optimization of cycle process with profit and effort discounts
A. A. Davydovab, T. S. Shutkinaa a Vladimir State University
b International Institute for Applied Systems Analysis
Abstract:
We prove the existence of solution in the problem of time averaged
optimization of cyclic processes with both profit and effort discounts and find the respective
necessary optimality condition. It is shown that optimal strategy could be
selected piecewise continuous if a differentiable profit density has
a finite number of critical points. In such a case the optimal motion
uses only maximum and minimum velocities as in Arnold's case without any discount.
Keywords:
average optimization; periodic process; necessary optimality condition; discount.
Received: 11.03.2010
Citation:
A. A. Davydov, T. S. Shutkina, “Time average optimization of cycle process with profit and effort discounts”, Nelin. Dinam., 6:1 (2010), 151–158
Linking options:
https://www.mathnet.ru/eng/nd62 https://www.mathnet.ru/eng/nd/v6/i1/p151
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