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Modeling Scenario
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1-137-SheepGraze-ModelingScenario
In this activity, students will apply graphical analysis (such as phase lines) to determine the long-term predictions of a differential equation model for pasture grass using two different formulas for the herbivore consumption rate.
herbivore
plant
phase lines
bifurcation
overexploitation
sheep
graze
Potential Scenario
101
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2008-Ratneesh_Suri-Optimal harvesting strategies for fisheries-differential equations approach
We develop and investigate the harvesting model in both deterministic and stochastic settings. We first employ the Expected Net Present Value approach and determine optimal harvesting policy using various optimization techniques including optimal...
optimal control
sustainable yield
maximum sustainable yield
harvest
Expected Net Present Value
calculus of variations
dynamic programming
maximum economic yield
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