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.
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The article was translated by the authors.
Published in Russian in Doklady Akademii Nauk, 2017, Vol. 476, No. 4, pp. 371–374.
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Belyakov, A.O., Davydov, A.A. & Veliov, V.M. Optimal cyclic harvesting of renewable resource. Dokl. Math. 96, 472–474 (2017). https://doi.org/10.1134/S1064562417050180
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DOI: https://doi.org/10.1134/S1064562417050180