Robust Geometric Programming Approach to Profit Maximization with Interval Uncertainty

Profit maximization is an important issue to the firms that pursue the largest economic profit possible. In this paper, we consider the profit-maximization problem with the known Cobb-Douglas production function. Its equivalent geometric programming form is given. Then due to the presence of uncerta...

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Bibliographic Details
Main Authors: Hossein Aliabadi, Maziar Salahi
Format: Article
Language:English
Published: Institute of Mathematics and Computer Science of the Academy of Sciences of Moldova 2013-04-01
Series:Computer Science Journal of Moldova
Subjects:
Online Access:http://www.math.md/files/csjm/v21-n1/v21-n1-(pp86-96).pdf