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Optimal cyclic harvesting of renewable resource

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The paper obtains existence of a solution and necessary optimality conditions for a problem of optimal (long run averaged) periodic extraction of a renewable resource distributed along a circle. The… Click to show full abstract

The paper obtains existence of a solution and necessary optimality conditions for a problem of optimal (long run averaged) periodic extraction of a renewable resource distributed along a circle. The resource grows according to the logistic law, and is harvested by a single harvester periodically moving around the circle.

Keywords: renewable resource; resource; cyclic harvesting; harvesting renewable; optimal cyclic

Journal Title: Doklady Mathematics
Year Published: 2017

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