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Control Application 1: Advertisements and Social Crazes

This chapter is the first of two chapters that expand upon the optimal control principles learned in previous sections by formulating a practical social media information spread problem and step-by-step work toward an optimal control solution to that problem. The first control application is concerned with social marketing campaigns in an attempt to maintain social media interest in a product, service, or event. The example begins with a description of the problem, including some assumptions, goals, and qualitative parameters that must be addressed. Next, the problem is formulated based on the ...

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