ON THE EXPLICIT SOLUTION OF A SPECIAL CLASS OF LINEAR ECONOMIC MODEL

A BEN-ISRAEL A; A CHARNES A; AP HURTER AP; PD ROBERS PD

doi:10.1287/opre.18.3.462

ON THE EXPLICIT SOLUTION OF A SPECIAL CLASS OF LINEAR ECONOMIC MODEL

A BEN-ISRAEL A, A CHARNES A, AP HURTER AP, PD ROBERS PD

Research output: Contribution to journal › Article › peer-review

3 Scopus citations

Abstract

The paper derives explicit solutions for a class of linear (inequality) economic models heretofore treated by linear programming. The solutions are simple and the decision criteria given are easily interpreted. The explicit solutions may involve the inversion of a single matrix, but this is not necessary for the three applications in capital budgeting, production p%lanning, and input-output analy%sis given in the paper.

Original language	English (US)
Pages (from-to)	462-470
Number of pages	9
Journal	Operations Research
Volume	18
Issue number	3
DOIs	https://doi.org/10.1287/opre.18.3.462
State	Published - 1970
Externally published	Yes

All Science Journal Classification (ASJC) codes

Computer Science Applications
Management Science and Operations Research

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10.1287/opre.18.3.462

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title = "ON THE EXPLICIT SOLUTION OF A SPECIAL CLASS OF LINEAR ECONOMIC MODEL",

abstract = "The paper derives explicit solutions for a class of linear (inequality) economic models heretofore treated by linear programming. The solutions are simple and the decision criteria given are easily interpreted. The explicit solutions may involve the inversion of a single matrix, but this is not necessary for the three applications in capital budgeting, production p%lanning, and input-output analy%sis given in the paper.",

author = "{BEN-ISRAEL A}, A and {CHARNES A}, A and {HURTER AP}, AP and {ROBERS PD}, PD",

year = "1970",

doi = "10.1287/opre.18.3.462",

language = "English (US)",

volume = "18",

pages = "462--470",

journal = "Operations Research",

issn = "0030-364X",

publisher = "INFORMS Inst.for Operations Res.and the Management Sciences",

number = "3",

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T1 - ON THE EXPLICIT SOLUTION OF A SPECIAL CLASS OF LINEAR ECONOMIC MODEL

AU - BEN-ISRAEL A, A

AU - CHARNES A, A

AU - HURTER AP, AP

AU - ROBERS PD, PD

PY - 1970

Y1 - 1970

N2 - The paper derives explicit solutions for a class of linear (inequality) economic models heretofore treated by linear programming. The solutions are simple and the decision criteria given are easily interpreted. The explicit solutions may involve the inversion of a single matrix, but this is not necessary for the three applications in capital budgeting, production p%lanning, and input-output analy%sis given in the paper.

AB - The paper derives explicit solutions for a class of linear (inequality) economic models heretofore treated by linear programming. The solutions are simple and the decision criteria given are easily interpreted. The explicit solutions may involve the inversion of a single matrix, but this is not necessary for the three applications in capital budgeting, production p%lanning, and input-output analy%sis given in the paper.

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U2 - 10.1287/opre.18.3.462

DO - 10.1287/opre.18.3.462

M3 - Article

AN - SCOPUS:0014781031

SN - 0030-364X

VL - 18

SP - 462

EP - 470

JO - Operations Research

JF - Operations Research

IS - 3

ER -

ON THE EXPLICIT SOLUTION OF A SPECIAL CLASS OF LINEAR ECONOMIC MODEL

Abstract

All Science Journal Classification (ASJC) codes

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