Note--A Note on Range Programming: Introducing a "Satisficing Range" in a L.P.
A new approach to the problem of minimizing a quartic (fourth order) cost function, subject to linear constraints, is presented. A "satisficing range" is introduced for each variable (i.e., a range in which all values of the variable are considered to entail the same minimal cost), leading to a new linear formulation ("range programming"). Improvements in results over previous approaches are reported for a specific example (due to Goodman), and should be expected in general.
Year of publication: |
1976
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Authors: | Laurent, Gilles |
Published in: |
Management Science. - Institute for Operations Research and the Management Sciences - INFORMS, ISSN 0025-1909. - Vol. 22.1976, 6, p. 713-716
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Publisher: |
Institute for Operations Research and the Management Sciences - INFORMS |
Saved in:
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