Research Reports from the Department of Operations

Authors

Stuart H. Mann

Document Type

Report

Publication Date

8-23-1968

Abstract

Three types of biological populations are considered in which members of the population are harvested either for their own value or to protect the value of another element of the ecosystem. A revenue and cost structure is defined for each of these systems and population growth rates are assumed to be random variables. Operating policies are described that maximize the expected economic gain to be realized, in the duration of time during which management of the system is anticipated.

Keywords

Operations research, Population biology, Ecosystem management, Markov processes, Biotic communities--Economic aspects, Population--Mathematical models

Publication Title

Technical Memorandums from the Department of Operations, School of Management, Case Western Reserve University

Issue

Technical memorandum no. 114

Rights

This work is in the public domain and may be freely downloaded for personal or academic use

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