Oladejo, N. K. and Adebimpe, O. and Abolarinwa, Abimbola and Salawu, S. O. and Lukman, A. F. (2019) OPTIMAL STOCHASTIC CONTROL PRINCIPLE AND ITS’ APPLICATIONIN FACTORY CONSUMPTION MODEL. International Journal of Mechanical Engineering and Technology (IJMET), 10 (2). pp. 1341-1349. ISSN 0976-6340; 0976-6359
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Abstract
This paper deal with the optimal stochastic control principle and its’ application in formulating consumption model of a production company a case study of Landmark University development ventures (LMDV). Here Stochastic Differential Equations (SDE) is considered as an ordinary differential equations (ODE) driven bywhite noise and we justified the connection between the Ito’s integral and white noise in the case of non-random integrands interpreted as cost functions.
| Item Type: | Article |
|---|---|
| Subjects: | Q Science > QC Physics |
| Depositing User: | Mr DIGITAL CONTENT CREATOR LMU |
| Date Deposited: | 07 May 2019 09:59 |
| Last Modified: | 07 May 2019 09:59 |
| URI: | https://eprints.lmu.edu.ng/id/eprint/2143 |
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