Plant Location Under Economies-of-Scale--Decentralization and Computation
An exploration of the margin of error entailed in using a "one-point move" algorithm for solving a class of fixed-charge problems. The algorithm is of interest both from the viewpoint of numerical analysis and also from the analogy with market mechanisms. Despite the presence of economies-of-scale, there is the possibility of operating a decentralized system. This is a two-price system; it implies discriminatory and also marginal cost pricing.
Year of publication: |
1964
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Authors: | Manne, Alan S. |
Published in: |
Management Science. - Institute for Operations Research and the Management Sciences - INFORMS, ISSN 0025-1909. - Vol. 11.1964, 2, p. 213-235
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Publisher: |
Institute for Operations Research and the Management Sciences - INFORMS |
Saved in:
Online Resource
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