Optimal organizational hierarchies in firms
One of the main problems in modern economy is to construct an efficient organizational hierarchy allowing to control the firm with minimal cost. This paper describes the mathematical model of optimal hierarchies in firms. Optimal hierarchies for several classes of cost functions are obtained. Parti...
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| Format: | Article |
| Language: | English |
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Vilnius Gediminas Technical University
2007-06-01
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| Series: | Journal of Business Economics and Management |
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| Online Access: | https://journals.vgtu.lt/index.php/JBEM/article/view/7578 |