| An Adaptive Time Step Scheme based on Taylor’s Remainder Term | 53-61 | 
                                      
                                        | Henry Foust |  | 
                                      
                                        |  | 
                                      
                                        | DOI https://doi.org/10.5281/zenodo.376751 | 
                                      
                                        |  | 
                                      
                                        | Abstract | 
                                      
                                        | An adaptive time step method was developed based on the Taylor series remainder term associated  with Euler’s method, which is utilized to solve initial value problems involving ordinary  differential equations. The accuracy and stability of the developed method was determined for  three test cases where one of the test cases was stiff. It is also show that the accuracy of the  developed method compares well with Runge Kutta 2. In future research, this method will be  applied to explicit and implicit versions of Runge Kutta 2 to include Calahan’s method, which is  a variation of the Rosenbrock’s scheme. | 
                                      
                                        |  | 
                                      
                                        | Copyright © 2016 by authors and IBII. This work is licensed under the Creative Commons Attribution International  License (CC BY 4.0). | 
                                      
                                        |  | 
                                      
                                        | How to cite this review in APA | 
                                      
                                        | H. Foust. (2016). An Adaptive Time Step Scheme based on Taylor’s Remainder Term. Journal of Management Science and Business Intelligence, 1(1), 53-61. https://doi.org/10.5281/zenodo.376751 |