Paper Info
Title
Linear Programming Models With Changeable Parameters - Theoretical Analysis On "Taking Loss At The Ordering Time And Making Profit At The Delivery Time"
Abstract
Corporate competence sets can be expanded through capital investment and be dynamically changed overtime, which can explain the phenomenon of "taking loss at the ordering time and making profit at the time of delivery". Such phenomenon has existed in practice for a long time, but there are no mathematical model that can explain it adequately. This paper utilizes multiple criteria and multiple constraint levels linear programming ((MCLP)-L-2) model and its extended techniques to explore the linear programming models with changeable parameters. The parameters include: unit profit, available resources, and input-output coefficients of production function. With those parameters changed with capital investment and/or time, we study how to find dynamic best solutions to make "taking loss at the ordering time and making profit at the time of delivery" feasible. For more general cases we also sketch a generalized mathematical programming model with changeable parameters and control variables.
Year
DOI
Venue
2007
10.1142/S0219622007002745
INTERNATIONAL JOURNAL OF INFORMATION TECHNOLOGY & DECISION MAKING
Keywords
Field
DocType
competence set, time dynamics, multiple criteria decision making, multiple criteria and multiple constraint levels linear programming
Mathematical optimization,Multiple criteria,Operations research,Control variable,Linear programming,Capital investment,Phenomenon,Mathematics,Sketch
Journal
Volume
Issue
ISSN
6
4
0219-6220
Citations 
PageRank 
References 
6
0.61
2
Authors
3
Name
Order
Citations
PageRank
Chieh-yow Chianglin1142.98
Tsung Chih Lai260.61
Po-Lung Yu3357.45