Optimal production-sales strategies for a company at changing market price

DOI10.15517/RMTA.V22I1.17557zbMATH Open1316.49009OpenAlexW2209339089MaRDI QIDQ5262566FDOQ5262566

Authors: Ellina V. Grigorieva, E. N. Khailov 

Publication date: 16 July 2015

Published in: Revista de Matemática: Teoría y Aplicaciones (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.15517/rmta.v22i1.17557

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zbMATH Keywords

Hamiltonian systemPontryagin maximum principlenonlinear microeconomic control modelproduction-sales strategy

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42) Existence theories for optimal control problems involving ordinary differential equations (49J15) Attainable sets, reachability (93B03)

Cited In (4)

• The optimal production and sales policy for a new product with negative word-of-mouth
• Optimal production and marketing planning
• A bicriterial problem of optimal production and sale of a commodity
• Optimal production and pricing strategies in a dynamic model of monopolistic firm

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