Mathematical optimization

Faustmann's formula

Faustmann's formula, or the Faustmann model, gives the present value of the income stream for forest rotation. It was derived by the German forester in 1849. The rotation problem, deciding when to cut down the forest, means solving the problem of maximising Faustmann's formula and this was solved by Bertil Ohlin in 1921 to become the Faustmann-Ohlin theorem, although other German foresters were aware of the correct solution in 1860. ƒ(T) is the stock of timber at time Tp the price of timber and is constantwhich implies that the value of the forest at time T is pf(T)r is the discount rate and is also constant. The Faustmann formula is as follows: From this formula two theorems are interpreted: The optimal time to cut the forest is when the time rate of change of its value is equal to interest on the value of the forest plus the interest on the value of the land.The optimal time to cut is when the time rate of change of its value is equal to the interest rate modified by land rent. (Wikipedia).

Video thumbnail

Ex: Solve a Bernoulli Differential Equation Using an Integrating Factor

This video explains how to solve a Bernoulli differential equation. http://mathispower4u.com

From playlist Bernoulli Differential Equations

Video thumbnail

Ex: Solve a Bernoulli Differential Equation Using Separation of Variables

This video explains how to solve a Bernoulli differential equation. http://mathispower4u.com

From playlist Bernoulli Differential Equations

Video thumbnail

B24 Introduction to the Bernoulli Equation

The Bernoulli equation follows from a linear equation in standard form.

From playlist Differential Equations

Video thumbnail

Solve a Bernoulli Differential Equation (Part 1)

This video provides an example of how to solve an Bernoulli Differential Equation. The solution is verified graphically. Library: http://mathispower4u.com

From playlist Bernoulli Differential Equations

Video thumbnail

Solve a Bernoulli Differential Equation Initial Value Problem

This video provides an example of how to solve an Bernoulli Differential Equations Initial Value Problem. The solution is verified graphically. Library: http://mathispower4u.com

From playlist Bernoulli Differential Equations

Video thumbnail

Euler's formulas, Rodrigues' formula

In this video I proof various generalizations of Euler's formula, including Rodrigues' formula and explain their 3 dimensional readings. Here's the text used in this video: https://gist.github.com/Nikolaj-K/eaaa80861d902a0bbdd7827036c48af5

From playlist Algebra

Video thumbnail

Solve a Bernoulli Differential Equation (Part 2)

This video provides an example of how to solve an Bernoulli Differential Equation. The solution is verified graphically. Library: http://mathispower4u.com

From playlist Bernoulli Differential Equations

Video thumbnail

Euler's Formula for the Quaternions

In this video, we will derive Euler's formula using a quaternion power, instead of a complex power, which will allow us to calculate quaternion exponentials such as e^(i+j+k). If you like quaternions, this is a pretty neat formula and a simple generalization of Euler's formula for complex

From playlist Math

Video thumbnail

Solving the Bernoulli Differential Equation x^2(dy/dx) + y^2 = xy

Please Subscribe here, thank you!!! https://goo.gl/JQ8Nys How to solve a Bernoulli Differential Equation

From playlist Differential Equations

Video thumbnail

Excel Basics 12: Complete Formula Lesson of Formula Types & Formula Elements 12 Examples

Highline College Busn 216 Class: Computer Applications taught by Michael Girvin. Download Excel Start & Finished File: https://people.highline.edu/mgirvin/YouTubeExcelIsFun/EB12-FormulaElements.xlsm Download Full Written Notes: https://people.highline.edu/mgirvin/YouTubeExcelIsFun/Office20

From playlist Excel Formulas - Basics and Beyond

Video thumbnail

Highline Excel 2016 Class 02: Excel Fundamentals: Comprehensive Formula Lesson (15 Examples)

Download Files: https://people.highline.edu/mgirvin/AllClasses/218_2016/218Excel2016.htm In this video learn about: 1. (00:13) Introduction 2. (10:09) Excel’s Golden Rule 3. (04:31) Look at list of Formula Types and Formula Elements 4. (06:29) Number Formula Examples 5. (08:24) Text and Nu

From playlist Excel Advanced Free Course at YouTube. Comprehensive Excel 2016: Calculations & Data Analysis (27 Videos)

Video thumbnail

Excel Statistical Analysis 03: Comprehensive Worksheet Formula & Model Building Video

Download Excel File: https://excelisfun.net/files/Ch01-ESA.xlsm Learn the fundamentals of Excel worksheet formulas, functions and how to build worksheet models. Topics: (00:00) Introduction (00:19) Topics in video (00:45) Worksheet Formula Elements: what can go into a formula (01:57) Excel

From playlist Excel Statistical Analysis for Business Class Playlist of Videos from excelisfun

Video thumbnail

Highline Excel 2013 Class Video 02: Comprehensive Excel Formula Types & Elements Video 12 Examples

Download workbook: http://people.highline.edu/mgirvin/AllClasses/214_2013/214/Busn214_2013.htm This is the Highline Community College Class, Spreadsheet Construction taught by Michael Girvin: Basic To Advanced Excel. Topics in this video: Overview: (00:39 min) 1. Hours worked formula. Type

From playlist Excel Formulas - Basics and Beyond

Video thumbnail

Ctrl + Shift + Enter: Excel Array Formulas #02: Introduction Array Formulas & Math Array Operation

Download files here: http://people.highline.edu/mgirvin/excelisfun.htm EXCEL ARRAY FORMULAS WORK THE SAME IN ANY VERSION OF EXCEL!!! This video covers: 1. (01:00 min) What is an "Array"? 2. (01:55 min) Arrays in Excel. 3. (02:41 min) What is an Array Formula? (See book for more complete d

From playlist Ctrl+Shift+Enter: Mastering Excel Array Formulas (35+ Videos in Series)

Video thumbnail

M 365 Excel Worksheet Formulas & Models – Everything You Ever Wanted To Know - 365 MECS 03

Download Excel File: https://excelisfun.net/files/03-M365ExcelClass.xlsx Download PDF File: https://excelisfun.net/files/03-M365ExcelClass.pdf This video is a comprehensive lesson in using Excel Worksheet functions and formulas to build Worksheet Solutions and Models. This full free Micr

From playlist Microsoft 365 Excel Complete Class: free from excelisfun at YouTube - 365 MECS

Video thumbnail

Excel Formulas & Functions in 10 Minutes. Excel Magic Trick 1629.

Download Excel File: https://excelisfun.net/files/EMT1629.xlsx Learn about the fundamentals of Excel Formulas and Functions in 10 minutes. Excel Workbook for download so you can follow along. Topics: 1. (00:01) Introduction 2. (00:57) Equal Sign Starts all Formulas. 3. (00:57) Create Formu

From playlist Excel Formulas - Basics and Beyond

Video thumbnail

Office 2010 Class #21: Excel Formulas & Functions: Formula Inputs Numbers or Cell References?

Excel Start File: https://people.highline.edu/mgirvin/AllClasses/216_2010/Content/04Excel/Excel2010IsFun!START.xlsm Excel Finished File: https://people.highline.edu/mgirvin/AllClasses/216_2010/Content/04Excel/Excel2010IsFun!FINISHED.xlsm Free Excel 2010 book: https://people.highline.edu/mg

From playlist Office 2010 - Windows Explorer, Word, Excel, Access, PP

Video thumbnail

Excel & Business Math 06: All About Excel Formulas (17 Examples) for Business Math Class

Download Start Excel File: https://people.highline.edu/mgirvin/AllClasses/135NoTextBook/Content/01IntroductionToExcel/ExcelBusinessMathVideo06-FormulaElementsTips.xlsx Download pdf Notes: https://people.highline.edu/mgirvin/AllClasses/135NoTextBook/Content/01IntroductionToExcel/ExcelBusine

From playlist Excel Formulas - Basics and Beyond

Video thumbnail

Excel Formulas & Functions, PivotTables, Slicers & Charts - 365 MECS 02

Download Excel File: https://excelisfun.net/files/02-M365ExcelClass.xlsx Download PDF File: https://excelisfun.net/files/02-M365ExcelClass.pdf Comprehensive introduction to what Excel can do with Worksheet Formulas & Functions, PivotTables, Slicers, Charts and Excel Tables. This is M365 Ex

From playlist Microsoft 365 Excel Complete Class: free from excelisfun at YouTube - 365 MECS

Video thumbnail

Bernoulli ode

Illustrates the solution of a Bernoulli first-order differential equation. Free books: http://bookboon.com/en/differential-equations-with-youtube-examples-ebook http://www.math.ust.hk/~machas/differential-equations.pdf

From playlist Differential Equations with YouTube Examples

Related pages

Optimal rotation age | Present value