# An elliptic partial differential equation and its application

## TL;DR

This paper investigates a specific elliptic partial differential equation, providing a solution approach based on sub- and super-solutions, and explores its application to stochastic production planning, especially for higher dimensions.

## Contribution

It introduces a novel analysis of an elliptic PDE for N>1, applying sub- and super-solutions, and models a stochastic production planning problem.

## Key findings

- Solution method based on sub- and super-solutions.
- Extension to higher dimensions N>1.
- Application to stochastic production planning.

## Abstract

This paper deals with the following elliptic equation \begin{equation*} -2\sigma^{2}\Delta z+\left\| \nabla z\right\| ^{2}+4\alpha z=4\left\| x\right\| ^{2}\text{ for }x\in \mathbb{R}^{N}\text{, (}% N\geq 1\text{),} \end{equation*}% where $\alpha >0,$ $\sigma>0$ are some real parameters. The solution method is based on the sub- and super-solutions approach. The case $N>1$ seemed not considered before. This equation models a stochastic production planning problem.