• DocumentCode
    3583222
  • Title

    Hopfield neural network for the optimal cost

  • Author

    Mingo, L.M. ; Feng, Yu-qiang ; Li, Yi-Jun

  • Author_Institution
    Sch. of Manage., Harbin Inst. of Technol., China
  • Volume
    5
  • fYear
    2004
  • Firstpage
    3277
  • Abstract
    This paper investigates the energy function of Hopfield neural network. The Hopfield energy function converges to the minimal. It is proposed for the optimal cost of production functions which provide the marginal cost for the unit price of the product. The two simple examples of production functions are used for Hopfield energy convergence. The examples confirm the convergence of production costs within their isoquants. The production costs continue to decrease up to the point where they cannot decrease any more. Those are the points of the optimal costs, from which we obtain the marginal cost to be inserted automatic into the formula for the calculation of the selling price of the product.
  • Keywords
    Hopfield neural nets; convergence; minimisation; pricing; Hopfield energy convergence; Hopfield energy function; Hopfield neural network; marginal cost; minimisation; optimal cost; production cost convergence; production functions; selling price; Convergence; Cost function; Electronic mail; Energy management; Heuristic algorithms; Hopfield neural networks; Neurons; Pricing; Production; Technology management;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Machine Learning and Cybernetics, 2004. Proceedings of 2004 International Conference on
  • Print_ISBN
    0-7803-8403-2
  • Type

    conf

  • DOI
    10.1109/ICMLC.2004.1378602
  • Filename
    1378602