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Persistent link: https://www.econbiz.de/10005500770
ROMP-FS1 is a research-oriented mathematical programming model designed for the analysis of farming systems using linear programming.
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The purpose of this paper is to present an overview of discrete stochastic sequential programming and to illustrate the technique through a numerical example. The application of the technique to empirical problems involving decision making will be briefly discussed and an empirical application...
Persistent link: https://www.econbiz.de/10005338713
Systematic approaches to validation of linear programming models are discussed for prescriptive and predictive applications to economic problems. Specific references are made to a general linear programming formulation, however, the approaches are applicable to mathematical programming...
Persistent link: https://www.econbiz.de/10005320107