Recent content by Pepala

Hi, I need help with this problem; minimize x^3, subject to K= x-Ωπ so would the solution be K-Ωπ=x thanks!

yes, thank you that helps a lot! yes the k and the capital K are meant to be the same variable oops :P

the first part of the question asks to minimize this 1/2 * (Ω(π^2)+x^2)+z(x+θπ-θπ^n-k)

I am going through my notes and I don't understand the steps that are being taken to get to the solution, any help in figuring this out would be greatly appreciated! It starts off with two equations x=\frac{k+θπ}{1+θ^2/Ω} and π= \frac{θ}{Ω}(\frac{k+θπ}{1+θ^2/Ω}) then multiply x by...