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-charge transportation problem (FCTP). The procedure itself is very quick. The proposed method solves FCTP by decomposing the problem into …
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frequencies is available, in such a way that the sum of the transportation and inventory costs is minimized. This problem, which … is known to be NP-hard, has applications in transportation planning and in location analysis. In this paper we derive …
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In this paper, we derive an easily computed approximation to European basket call prices for a local volatility jump-diffusion model. We apply the asymptotic expansion method to find the approximate value of the lower bound of European basket call prices. If the local volatility function is time...
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