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The Applicability of Linear Programming in Industry

  • Sven Danø

Abstract

The linear programming model is particularly suited for solving shortrun problems, i.e., problems of operations planning which do not involve investment decisions. A typical example is the planning of production under given capacity limitations. The period for which operations are to be planned is comparatively short so that the fixed equipment does not undergo any changes ; the technological and economic restrictions on the company’s freedom of action remain the same during the period, and the production program will have to respect these limitations.

Keywords

Schedule Problem Investment Decision Idle Time Linear Programming Model Optimal Program 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

  1. 1.
    Cf., for example, C. W. Churchman, R. L. Ackoff and E. L. Arnoff 1957), Ch. 16.Google Scholar

Copyright information

© Springer-Verlag Wien 1963

Authors and Affiliations

  • Sven Danø
    • 1
  1. 1.University of CopenhagenDänemark

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