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Mathematical programming models can incorporate multiple objectives. Shadow prices in such models reflect a mixture of all of the objectives. A procedure is implemented to develop decomposed shadow prices applicable to the individual objectives. The procedure is demonstrated in a GAMS...
Persistent link: https://www.econbiz.de/10009398004
A mixed integer, goal programming model designed to aid in management of a meat packing plant is presented along with empirical applications demonstrating its use. Data collection, model conceptualization, model|data development, model refinement, and model use phases are discussed. The...
Persistent link: https://www.econbiz.de/10008569869
Persistent link: https://www.econbiz.de/10001210731