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BOOK REVIEWS
THE AUTHOR starts by dividing the United States into 14 districts. Coal is produced in 11 districts. There is a demand function for coal and coal producing capacity in each district. One may ask: How much coal has to be delivered from each producing district to each district with demand for coal in...
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Published in: | Econometrica 1962, Vol.30 (2), p.382 |
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Main Author: | |
Format: | Review |
Language: | English |
Subjects: | |
Online Access: | Get full text |
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Summary: | THE AUTHOR starts by dividing the United States into 14 districts. Coal is produced in 11 districts. There is a demand function for coal and coal producing capacity in each district. One may ask: How much coal has to be delivered from each producing district to each district with demand for coal in order to minimize total delivery cost? For each of the years 1947, 1949, and 1951, the author compares the ideal efficient distribution with the actual one. Efficient distributions are established with the help of linear programming. The method of solution is the one of the transportation problem, but producing cost must also be taken into account. |
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ISSN: | 0012-9682 1468-0262 |