Bergstrom, Gary L.; Smith, Barnard E. - In: Management Science 16 (1970) 10, pp. 614-614
The Linear Decision Rules (LDR) proposed by Holt, Modigliani, Muth, and Simon for the production planning problem determine an optimum plan in terms of an aggregate production rate and work force level. The criteria of the LDR assume we wish to make decisions so as to minimize costs over a...