This paper is the result of a survey made during the summer of 1956. It is a progress report on applications of linear programming by a number of oil companies. Examples are presented of applications to a variety of problems arising in the areas of Drilling and Production, Manufacturing, and...

The well known chemical equilibrium problem is expressed in the form of minimizing the free energy of a mixture in order to compute the chemical composition at equilibrium. By piece-wise linear approximations to the free energy function, the problem becomes a linear program which can be solved...

The Bayesian revolution in statistics--where statistics is integrated with decision making in areas such as management, public policy, engineering, and clinical medicine--is here to stay. Introduction to Statistical Decision Theory states the case and in a self-contained, comprehensive way shows...