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Fri, 2017/01/27

Energy Systems Analysis - Homework Assignment 9

Name : ADE HIDAYAT


Student ID : 37-165035
Department : Systems Innovation

Optimal energy production path defined as objective function to be maximized:



0 (( )).
subjected to:

0 ( ) =


Q1: Derive the following equation: = .

A1: For a dynamic optimization subject to functional constraints, firstly we form


the Langrangian:

0 ((). )

and the integrand is:


= ().

a necessary, though insufficient, condition for dynamic optimization is the Euler-


Lagrange equation where:

( )=0


((). ) = ( ((). )),

the right-hand side is equal to zero since no q variable involved.


= 0,


=

If the profit of production can be calculated as follow:
(( )) = ( ). ( ) (())

Q2: Derive the analytical solution of q(t) with when C(q(t)) and p(q) are given
as follows:
(( )) = . ( )
(( )) = . ()

A2: We can substitute the equation given above to the Lagrangian equation.

0 ( ). ) = 0 (( ) ). )
and the integrand is:
= ( 2 ). )

Euler-Lagrange equation:

( )=0


( 2 ). ) = ( ( 2 ). )),

( 2 ) = 0

solving for q(t), we obtain:

+
( ) =
2

Q3: Draw the graph of q(t) as a function of t when a=25; b=2; c=4; =0.05;
and Q=1000

A3: Firstly, lets find the value of and T. Assuming that at t=0; (0) = 0
= ; () = :
0 +425
(0) = = 0 = 21
2(2)
(21) 0.05() 21
( ) = = 1000 = 105
4

Therefore, the graph of q(t) as a function of t is as follows


21 0.05 21
( ) =
4

1200

1000

800
q(t)

600

400

200

0
0 20 40 60 80 100 120
t

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