Regular development strategy model and algorithm solution of non-renewable resources

Based on the goal of maximizing input and output of resources development department and final product supply department, a regularized decision is made for the development of non-renewable resources. The Lagrange relaxation algorithm based on asynchronous subgradient method is used to solve the gro...

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Bibliographic Details
Published in:Evolving systems Vol. 13; no. 5; pp. 737 - 746
Main Authors: Sun, Qiong, Sheng, Xiaojuan
Format: Journal Article
Language:English
Published: Berlin/Heidelberg Springer Berlin Heidelberg 01.10.2022
Subjects:
Artificial Intelligence
Complex Systems
Complexity
Engineering
Original Paper
Regularization development
Algorithm solution
Strategy model
Non-renewable resources
ISSN:1868-6478, 1868-6486
Online Access:Get full text
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Summary:Based on the goal of maximizing input and output of resources development department and final product supply department, a regularized decision is made for the development of non-renewable resources. The Lagrange relaxation algorithm based on asynchronous subgradient method is used to solve the growth rate of price and output of non-renewable resources under steady state, and the numerical simulation and sensitivity analysis are carried out.Technological innovation plays a decisive role in the regularization development of non-renewable resources. The constraints of resource development priority, production constraints and net present value of production in the final product supply department and resource development department will significantly affect the growth rate of non-renewable resources output. Accordingly, a management strategy for developing regularization and rational allocation of non-renewable resources is put forward.
ISSN:1868-6478
1868-6486
DOI:10.1007/s12530-021-09411-3