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...
Main Authors: | , |
---|---|
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 |