Solve by hand, using the Lagrange multipliers technique, on a discrete basis and over three stages only,
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Solve by hand, using the Lagrange multipliers technique, on a discrete basis and over three stages only, the following CoV problem: min J ¼ Z2 0 h 12ty þ ðy0 Þ 2 i dt s:t: yð0Þ ¼ 0 and yð2Þ ¼ 8 Replicate the exercise in Excel and check the solution.
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Related Book For
Elements Of Numerical Mathematical Economics With Excel Static And Dynamic Optimization
ISBN: 9780128176498
1st Edition
Authors: Giovanni Romeo
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