Applied math - Optimization (analytical)

In Progress Posted 7 years ago Paid on delivery
In Progress Paid on delivery

Background:

This work aim is to minimize operational costs, equipment cost and to short payback period of investment (analytically).

Scope of work:

1. Analytically solve the model (marked with yellow), which means to show which optimal S1 and S2 minimize the PBP while taking in consideration the constraint. If it is required- show convexity, linearity and infinity of the functions.

2. Analytically show and explain in which scenarios of minimum PBP: S1<S2, S1>S2, S1=S2.*

3. Optional (or should be priced separately): To write MATLAB code for demonstrating by sensitivity analysis both operational and capacity planning stages

*More details are provided in the files

Mathematics Matlab and Mathematica

Project ID: #11843811

About the project

7 proposals Remote project Active 7 years ago

7 freelancers are bidding on average $225 for this job

VolKa

Hi. I'v read the descrption and sure will be able to manage to this. Also I am good in Matlab and can do the third part of the project. Regards

$250 USD in 6 days
(192 Reviews)
6.6
TellezMiotta

Hi! My name is Fernando Téllez. I am a senior year student of electrical engineering at Universidad Simón Bolívar (USB), one of the most prestigious universities in my country (Ranked 34° at the QS University Rankings: More

$160 USD in 1 day
(48 Reviews)
5.7
antonparfeniuk

A proposal has not yet been provided

$500 USD in 3 days
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5.2
ardiles1309

I am a chemical engineer with broad experience in mathematical modeling, simulation and optimization for chemical or manufacturing facilities. I can help with your problem. Regards

$300 USD in 3 days
(3 Reviews)
3.4
abhilashrox

I am a PhD student at the Mathematical Institue at NMBU, norway. I am working with Gene regulatory networks and optimised control algorithms. Your jobs seems to be an easy task. Let me know if you are interested More

$155 USD in 3 days
(1 Review)
1.0