The allocation of a specific amount of a given resource among competitive alternatives can often be modelled as a knapsack problem. This model formulation is extremely efficient because it allows convex cost representation with bounded variables to be solved without great computational efforts....

Connors et al. [Connors, M. M., C. Coray, C. J. Cuccaro, W. K. Green, D. W. Low, H. M. Markowitz. 1972. The distribution system simulator. Management Sci. 18 (8, April).], have developed a Distribution System Simulator (DSS) that produces a customized simulation model for large scale, physical...