On the determination of optimal price break procurement policies
Wray, James D.
Graduate Student
Industrial Engineering
Carroll, John M.
text
theses
1965-05-01
1965
Lehigh University
eng
electronic documents
application/pdf
The concave case (the case of economies of scale) associated with both Cases I and II will be studied both from a mathematical point of view and from the standpoint of applying two computational algorithms to obtain the optimum solution. The advantages of the computational procedures over the method of total enumeration will be demonstrated for several test problems by using a computer program to enumerate all feasible solutions and then to apply the simplifications called for by these algorithms to demonstrate what the savings would have been if these techniques had been applied.
Industrial engineering
https://asa.lib.lehigh.edu/Record/10946645