A case study explores the application of linear programming (LP) to the medium-term planning of a factory's production. The case appears to be the only non-oil company application of LP for medium-term production planning in the region. Details of the application are presented. Conclusions about...

The original PERT formulae [5] employ the mode and endpoints to estimate the mean and standard deviation of subjective probability distributions. Though widely-used, they have met with criticism for their inaccuracy, and for their being limited to the beta distribution when there is no a priori...

In this paper we examine the past performance of the Greek economy in some detail, and we try to provide a few answers to the question of why growth slowed so dramatically.

This paper uses a combination of growth accounting and regression analysis to examine economic growth experiences of 88 developing and industrial economies over the period 1960-1992. The decomposition shows that increases in total factor productivity (TFP) have been surprisingly small in...

In this paper we examine the past performance of the Greek economy in some detail, and we try to provide a few answers to the question of why growth slowed so dramatically.