New fundamental theory in solving the royalty payment problem / Wan Noor Afifah Wan Ahmad and Suliadi Firdaus Sufahani
This study aim to maximize the functional performance index of the non-classical Optimal Control problem. However, solving the problem, this project has to clarify a few constraints. Firstly, the final state is unknown which is resulting in the nonzero value of terminal costate. Besides, the royalty...
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| Format: | Book |
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2020.
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| LEADER | 00000 am a22000003u 4500 | ||
|---|---|---|---|
| 001 | repouitm_72980 | ||
| 042 | |a dc | ||
| 100 | 1 | 0 | |a Wan Ahmad, Wan Noor Afifah |e author |
| 700 | 1 | 0 | |a Sufahani, Suliadi Firdaus |e author |
| 245 | 0 | 0 | |a New fundamental theory in solving the royalty payment problem / Wan Noor Afifah Wan Ahmad and Suliadi Firdaus Sufahani |
| 260 | |c 2020. | ||
| 500 | |a https://ir.uitm.edu.my/id/eprint/72980/1/72980.pdf | ||
| 520 | |a This study aim to maximize the functional performance index of the non-classical Optimal Control problem. However, solving the problem, this project has to clarify a few constraints. Firstly, the final state is unknown which is resulting in the nonzero value of terminal costate. Besides, the royalty function is non-differentiable at certain process. Therefore, the indirect method was applied by involving new modified shooting method (Sufahani-Ahmad-Newton-Golden-Royalty Algorithm and Sufahani-Ahmad-Powell-Golden-Royalty Algorithm). The results comparison done with direct method (Euler, Runge-Kutta, Trapezoidal, Hermite-Simpson) as a validation process. Finally, it is expected that new modified shooting method yield highly accurate optimal solution compared to the direct method. | ||
| 546 | |a en | ||
| 690 | |a Electronic Computers. Computer Science | ||
| 690 | |a Algorithms | ||
| 655 | 7 | |a Conference or Workshop Item |2 local | |
| 655 | 7 | |a PeerReviewed |2 local | |
| 787 | 0 | |n https://ir.uitm.edu.my/id/eprint/72980/ | |
| 856 | 4 | 1 | |u https://ir.uitm.edu.my/id/eprint/72980/ |z Link Metadata |