Nauss, Robert M.; Keeler, B. R. - In: Management Science 27 (1981) 4, pp. 365-376
The problem of minimizing net interest cost (NIC) on new issues of tax-exempt debt securities is formulated as an integer linear programming problem. The formulation (for one variant) is a p-median problem with one additional constraint. Other variants are also closely related to the p-median...