A small discount factor implies that
Solve the standard oil field problem (beta = 1, we implicitly assumed that price = 1). For which of the unit prices of oil listed below it is optimal to leave oil in the field?
Look at a portion of the spreadsheet for the
standard lake model where optimal quantities of fish are to be determined
to maximize discounted cashflows.
A neural network...
Looking at the picture of the solver for the
standard oil field problem, answer the following questions:
Think to optimization. Which of the following sentences is true?
When writing and solving an optimization problem in a spreadsheet,
A set of values for all the variables such that no constraint is violated is: