This paper studies the problem of simultaneously smoothing production and inventory and setting advertising levels. The models given are linear programming models, assuming a deterministic ...

The continuously evolving nature of macroeconomic activity, most especially government revenue and expenditure policies, which affect banking markets, extends the need for planning from a static ...

George B. Dantzig, the mathematician who invented the field of linear programming, which revolutionized the way government and private enterprise planned, scheduled and generally conducted their ...

1. Describe the nature of a transportation problem. The transportation problem involves finding the lowest-cost plan for distributing stocks of goods or supplies from multiple origins to multiple ...