Title :
Technical management notes
Author_Institution :
Grad. Sch. of Bus., Columbia Univ., New York, NY, USA
fDate :
5/1/1986 12:00:00 AM
Abstract :
Product gamma has been proposed as a new tool for assisting managers in making short-run production decisions. Because it has not been fully understood, a liner programming model to examine its meaning is formulated. It is found that product gamma is equivalent to the monthly rate of return of invested capital when there is no capacity constraint.
Keywords :
linear programming; management; liner programming model; management tool; product gamma; short-run production decisions; Econometrics; Educational institutions; Equations; Linear programming; Mathematical model; Production; Time factors;
Journal_Title :
Engineering Management, IEEE Transactions on
DOI :
10.1109/TEM.1986.6447650