OPTIMAL PRODUCTION–SALES STRATEGIES FOR A COMPANY AT CHANGING MARKET PRICE
In this paper we consider a monopoly producing a consumer good of high demand. Its market price depends on the volume of the produced goods described by the Cobb-Douglas production function. A productionsales activity of the firm is modeled by a nonlinear differential equation with two bounded contr...
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| Veröffentlicht in: | Revista de Matemática: Teoría y Aplicaciones |
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| Hauptverfasser: | , |
| Format: | Artigo |
| Sprache: | Inglês |
| Veröffentlicht: |
Universidad de Costa Rica
2015
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| Online-Zugang: | https://www.redalyc.org/articulo.oa?id=45338604006 |
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