2023
DOI: 10.1088/1742-6596/2515/1/012001
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Existence of solutions for an optimal control problem in forestry management

Abstract: Physical, biological, and economic factors remain inexhaustible sources when determining silvicultural management strategies that maximize the net benefit of timber volume. The objective of this paper is to formulate an optimal control problem to maximize the net benefit of timber volume and to demonstrate the existence of optimal solutions to this problem. The optimal control theory will be used, through the formulation of a bioeconomic optimal control problem subjected to a system of three ordinary different… Show more

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