This paper concerns marginal cost pricing in a capacity expansion problem for the electric utility industry. We develop a characterization of equipment selection and marginal capital cost allocation based on an optimal capacity plan, in the context of either a finite, discretely distributed...

This paper describes some rules for combining component models into complete linear programs. The objective is to lay the foundations for systems that give users flexibility in designing new models and reusing old ones, while, at the same time, providing better documentation and better...

The motivation for this paper is a problem faced by banks which process large volumes of deposited checks. The checks must be separated by bank number before shipment to the Federal Reserve or other banks. The sorting is usually accomplished using a reader-sorter which reads the magnetic ink...