A model for allocated versus actual costs in assignment and transportation problems
Article Abstract:
A study was conducted to characterize a mathematical framework which supports the actual cost made in carrying out a task to the amount of money budgeted for the undertaking. The work carried out along each arc in transportation problems were determined quantitatively. The model also supported a specific aversion tot he rate of resource expenditure. Results indicated that the mathematical model can express coefficients in terms of other known coefficients and minimize or maximize objective functions by re-analyzing unknown quantities based on known ones.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 1999
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Balanced random interval arithmetic in market model estimation
Article Abstract:
Efficacy of balanced random interval arithmetic in optimizing bounds for econometric likelihood function is presented.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 2006
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