Integer programming and pricing

Authors
Gomory, Ralph E. Baumol, William J.
Citation
E. Gomory, Ralph et J. Baumol, William, Integer programming and pricing, Econometrica , 28(3), 1960, pp. 521-550
Journal title
Econometrica → ACNP
ISSN journal
00129682
Volume
28
Issue
3
Year of publication
1960
Pages
521 - 550
Database
ACNP
SICI code
Abstract
In this article Gomory's method of solution of integer linear programming problems is described briefly (with an example of the method of solution). The bulk of the paper is devoted to a discussion of the dual prices and their relationship to the marginal yields of scarce indivisible resources and their efficient allocation.