ON COMPUTING A BUY/COPY POLICY USING THE PITT-KRAFT MODEL
(1975) ON COMPUTING A BUY/COPY POLICY USING THE PITT-KRAFT MODEL. Technical Report CS75026-R, Computer Science, Virginia Tech.
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Abstract
The Pitt-Kraft model of buying versus photocopying results in a small, but complex, nonlinear program. This paper identifies a Kuhn-Tucker point and demonstrates that for certain parameter values it is not optimal. A policy generation procedure is presented; the purpose is to prevent convergence of a primal algorithm to this inferior policy, which satisfies the Kuhn-Tucker optimality conditions.
| Item Type: | Departmental Technical Report |
|---|---|
| Keywords: | library operations research, photocopy policy, nonlinear programming, optimization |
| Subjects: | Computer Science > Historical Collection(Till Dec 2001) |
| ID Code: | 804 |
| Deposited By: | Administrator, Eprints |
| Deposited On: | 27 April 2006 |