Accession Number:

ADA012087

Title:

Quantity Adjustments in Resource Allocation: A Statistical Interpretation

Descriptive Note:

Technical rept.

Corporate Author:

HARVARD UNIV CAMBRIDGE MA

Personal Author(s):

Report Date:

1975-06-01

Pagination or Media Count:

18.0

Abstract:

One method of successive approximations to a constrained optimum maintains feasibility while adjusting the decision variables along the gradient of the Lagrangian. Then the adjustments can be found as the residuals in the regression of the partial derivatives of the objective function on the partial derivatives of the constraint functions. Implications for decentralization are discussed.

Subject Categories:

  • Economics and Cost Analysis
  • Operations Research

Distribution Statement:

APPROVED FOR PUBLIC RELEASE