### Browsing by Author "Latunde, Tolulope"

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Item On the stability analysis of uncertain optimal control modelof management of net risky capital asset(International Institute of Academic Research and Development, 2016) Latunde, Tolulope; Bamigbola, Olabode MatthiasShow more Uncertain process is used in modeling uncertain occurrences that vary with time. The uncertain processes was used to study and model a special case of asset management problems. Thus, based on some conditions of stability, we herein give some stability theorems of the model.Show more Item Parameter estimation and sensitivity analysis of an optimal control model for capital asset management(Hindawi, 2018) Latunde, Tolulope; Bamigbola, Olabode MatthiasShow more Optimal control is a very significant field ofmodern control theorywhich has been applied inmany areas like medicine, science, and finance.Thiswork is based on realization of asset values as a benefit of assetmanagementwhere a capital assetmanagement problem is modelled and expressedmathematically from the perspective of an investorwhose income is generated by return and capital gains on investments with price and return on assets assumed to satisfy uncertainty process. This results in an optimal control model based on uncertainty theory which relates two or more parameters that measures the condition or state of individual’s investments. These parameters enable us to know the condition of risk involved in asset management and how to maintain and manage the assets in order to maximize expected present value of the utility of asset and minimize the risk involved to aid capital investment decision-making. Parameter sensitivity analysis is an approach given to a model so as to define significance of the factors related to the model where the whole parameter space is fully described. However, the model is applied to a real-life problem of capital asset management to deal with debt crisis of a nation’s economy and the sensitivity analysis to determine the effects of the input factors on the model is investigated such that relative significance and sensitivity of each parameter on the model results are presented using parameter estimations. Finally the optimal control decision policy is obtained and discussed.Show more Item Parameter estimation and sensitivity analysis of an optimalcontrol model for capital asset management(Hindawi, 2018) Latunde, Tolulope; Bamigbola, Olabode MatthiasShow more Optimal control is a very significant field of modern control theory which has been applied inmany areas like medicine, science, and finance.This work is based on realization of asset values as a benefit of asset management where a capital asset management problem is modelled and expressed mathematically from the perspective of an investor whose income is generated by return and capital gains on investments with price and return on assets assumed to satisfy uncertainty process. This results in an optimal control model based on uncertainty theory which relates two or more parameters that measures the condition or state of individual’s investments. These parameters enable us to know the condition of risk involved in asset management and how to maintain and manage the assets in order to maximize expected present value of the utility of asset and minimize the risk involved to aid capital investment decision-making. Parameter sensitivity analysis is an approach given to a model so as to define significance of the factors related to the model where the whole parameter space is fully described. However, the model is applied to a real-life problem of capital asset management to deal with debt crisis of a nation’s economy and the sensitivity analysis to determine the effects of the input factors on the model is investigated such that relative significance and sensitivity of each parameter on the model results are presented using parameter estimations. Finally the optimal control decision policy is obtained and discussed.Show more Item Sensitivity of parameters in an optimal control model of the electric power generating system(Faculty of Communication and Information Sciences, University of Ilorin, Ilorin, 2016) Latunde, Tolulope; Bamigbola, Olabode Matthias; Aderinto, Yidiat O.Show more Item Uncertain optimal control model for management of netrisky capital asset(International Organization of Scientific Research, 2016) Latunde, Tolulope; Bamigbola, Olabode MatthiasShow more A new model of asset management for a business organization is proposed based on the uncertainty theory in which the capital assets are managed. Here, a continuous-time utility portfolio problem with the assumption of Hyperbolic Absolute Risk Aversion (HARA) utility function is examined from an investor whose income is generated by return and capital gains on investments in risky tangible assets with price and return on assets assumed to satisfy the Liu uncertain process. Thus, the problem is solved and the optimal controls are obtained.Show more