A Comparative Study on Objective Functions of Product Rate Variation and Discrete Apportionment Problems

Authors

  • Gyan Bahadur Thapa Institute of Engineering Tribhuvan University

DOI:

https://doi.org/10.3126/jist.v19i1.13830

Keywords:

Objective function, product rate variation, sequencing, discrete apportionment

Abstract

Setting the proper objective functions to optimize the decision making situations is prevalent in most of the mathematical programming problems. In this paper, we formulate the mathematical models of product rate variation and discrete apportionment problems. Furthermore, a brief comparative study of the objective functions to both the problems is reported in terms of inequality measures, precisely indicating the equitably efficient frontier for production rate variation problem via discrete apportionment. The largest reminder algorithm and rank-index algorithm for the apportionment problem are discussed briefly.

Journal of Institute of Science and Technology, 2014, 19(1): 69-74

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Published

2015-11-08

How to Cite

Thapa, G. B. (2015). A Comparative Study on Objective Functions of Product Rate Variation and Discrete Apportionment Problems. Journal of Institute of Science and Technology, 19(1), 69–74. https://doi.org/10.3126/jist.v19i1.13830

Issue

Vol. 19 No. 1 (2014)

Section

Research Articles

License

The views and interpretations in this journal are those of the author(s). They are not attributable to the Institute of Science and Technology, T.U. and do not imply the expression of any opinion concerning the legal status of any country, territory, city, area of its authorities, or concerning the delimitation of its frontiers of boundaries.

The copyright of the articles is held by the Institute of Science and Technology, T.U.