Objective Functions

Häfele, W. (1975). Objective Functions. IIASA Working Paper. IIASA, Laxenburg, Austria: WP-75-025

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Abstract

Since the early 1940s the field of operations research has played an increasingly important role. A prominent area in this field is that of optimization problems, particularly linear programming (LP). As early as 1939 Kantorovich recognized the importance of LP and made early contributions; but it was G.B. Dantzig who in 1947 made the decisive breakthrough by developing the Simplex method. The significance of LP in its own right was firmly established in 1949 at the conference held by Koopmans in Chicago.

In LP problems all relations are linear. The aim is to optimize a linear objective function under a number of linear constraints. A classical example is the allocation problem in a transport task.

Item Type: Monograph (IIASA Working Paper)
Research Programs: Energy Program (ENP)
Depositing User: IIASA Import
Date Deposited: 15 Jan 2016 01:42
Last Modified: 27 Aug 2021 17:08
URI: https://pure.iiasa.ac.at/403

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