Combining control theory and modeling, this textbook introduces and builds on methods for simulating and tackling concrete problems in a variety of applied scie
This new 4th edition offers an introduction to optimal control theory and its diverse applications in management science and economics. It introduces students t
Optimal control methods are used to determine optimal ways to control a dynamic system. The theoretical work in this field serves as a foundation for the book,
Systems that evolve with time occur frequently in nature and modelling the behavior of such systems provides an important application of mathematics. These syst