A Steady-State Version of a Dynamic Optimal Budgeting Problem

Abstract

We present and justify a steady-state version of a dynamic optimal budgeting problem arising in the Resource Dynamics project. The steady-state model is first reduced to closed form, and then it is analyzed for each of two choices of objective function. Optimal solutions can be found numerically, and are presented for current values of the input data. The numerical results obtained closely approximate those from a piecewise linear approximation to the dynamic version of the problem.

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Document Details

Document Type
Technical Report
Publication Date
Apr 16, 1984
Accession Number
ADA142281

Entities

People

  • R. M. Soland

Organizations

  • George Washington University

Tags

Communities of Interest

  • Weapons Technologies

DTIC Thesaurus Topics

  • Algorithms
  • Applied Mathematics
  • Classification
  • Contracts
  • Dynamics
  • Engineering
  • Equations
  • Logistics Management
  • Maintenance
  • Military Research
  • New York
  • Procurement
  • Schools
  • Security
  • Steady State
  • Test And Evaluation
  • Universities

Fields of Study

  • Mathematics

Readers

  • Adaptive Control and Estimation with Uncertainty in Dynamic Systems.
  • Defense Acquisition Program Management