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Browsing by Subject "decision making under risk"

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    Item type:Article, Access status: Open Access ,
    An example to illustrate several aspects of optimization theory in Managerial Economics
    (Wydawnictwa AGH, 2021) Lahiri, Somdeb
    We provide a single example that illustrates all aspects of linear, integer and dynamic programming, including such concepts such as value of perfect and imperfect information. Such problems, though extremely plausible and realistic are hardly ever discussed in managerial economics.