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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
Persistent link: https://www.econbiz.de/10010918729
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
An optimization model is used to evaluate the economics of various components of a large agribusiness. The benefits of using interger programming are contrasted to traditional linear programming analysis in conjunction with outside-the-model budgeting analysis.
Persistent link: https://www.econbiz.de/10005503208
Mathematical programming-based systems analysis is used to examine the consequences of alternative operation configuration for the agricultural operations within the Texas Department of Criminal Justice. Continuation versus elimination of the total operation as well as individual operating...
Persistent link: https://www.econbiz.de/10005041380
Persistent link: https://www.econbiz.de/10001210731
Mathematical programming-based systems analysis is used to examine the consequences of alternative operation configuration for the agricultural operations within the Texas Department of Criminal Justice. Continuation versus elimination of the total operation as well as individual operating...
Persistent link: https://www.econbiz.de/10014145036