Extending switchgrass harvest over many months would require a smaller investment in harvest machines, but would result in a lower average harvestable yield per acre and would require more nitrogen fertilizer, less land for storage, and more land for growing switchgrass. A model was constructed...

Airline seat inventory control is a very profitable tool in the airline industry. Mathematical programming models provide booking limits or bid-prices for all itineraries and fare classes based on demand forecasts. But the actual revenue generated in the booking process fails to meet...

This paper studies decision rules for accepting reservations for stays in a hotel based on deterministic and stochastic mathematical programming techniques. Booking control strategies are constructed that include ideas for nesting, booking limits and bid prices. We allow for multiple day stays....

Article deals with matters of quantitative methods of creating the optimal range for a small manufacturing enterprise. The classical approach to the formation of an optimal production program based on mathematical methods for linear programming is viewed through the prism of consumer...

In this work a non parametric approach is used in order to evaluate the relative efficiency of a sample of firms producers of wooden goods, in presence of non desirable outputs. As main results, we find that the consideration of several restrictions on the expansion of non desirable outputs...

A new algorithm for selecting an effective investment project portfolio from a collection of projects developed by a company has been presented in this paper. The problem of selecting an investment project was formulated as multi-objective optimization problem. The algorithm is suited for...

Strategic land conservation seeks to select the highest quality lands given limited financial resources. Traditionally conservation officials implement strategic conservation by creating prioritization maps that attempt to identify the lands of highest ecological value or public value from a...