"Production planning, operations and control are being transformed by digitization, creating opportunities for automation of decision making, reduction of delays in making and implementing decisions, and significant improvement of production system performance. Meanwhile, to remain competitive,...

This book presents a systematic account of the development of optimal control problems defined on an unbounded time interval - beginning primarily with the work of the early seventies to the present. The first five to six chapters provide a good introduction to infinite horizon control theory...

Using a dynamic model of the control of an infectious disease, we derive the conditions under which eradication will be optimal. When eradication is feasible, the optimal program requires either a low vaccination rate or eradication. A high vaccination rate is never optimal. Under special...

This paper examines the feasibility of implementing Linear Quadratic Gaussian (LQG) Control in structural cointegrated VAR models and sheds some light on the two major problems generated by such implementation. The first aspect to be taken into account is the effect of the presence of unit roots...