It is noted that the fixed cost flow problem in the most general case can be converted to a special case for which efficient solutions are available. Properties of solutions are discussed and an approximate solution is presented for a certain class of such problems. Finally, a combinatorial ...
This paper studies the case that each arc has a fixed cost for decreasing its capacity. An algorithm is proposed to solve the problem in strongly polynomial time. Computational experiments on two real-world datasets guarantee the efficiency and accuracy of the algorithm....
I can resolve the fixed cost problem by selecting the fixed rate item on "time entries" and removing the "project" entry. This then resets the time entry as the appropriate hourly rate figure. If I then reset the "project" for the required field, the fixed cost is reshown on "time en...
Allocating the fixed cost as a complement of other cost inputs: A DEA approach Optimization approach to real power tracing: an application to transmission fixed cost allocation Supplier selection and purchase problem with fixed cost and constrained order quantities under stochastic demand ☆ ...
The investigation originated from a problem encountered by a petroleum refinery. The refinery management was concerned with the high cost of manufacturing grease cans used for packaging of its grease products. This high cost resulted from the set-up cost incurred whenever the equipment (which was ...
A problem in which a one-time cost is incurred only if the associated variable is positive. The fixed cost is added to the linear variable cost. Problems with linear constraints and fixed charges are usually reformulated using subsidiary binary variables....
At CAPTARGET, our singular goal is to develop scalable origination processes at a predictable, fixed cost. Because we operate as an extension of your firm, you own every relationship and every data point. We’ve been at this for 14 years, supporting everyone from independent sponsors and ...
Economies of Scale:Economies of scale occur when a company’s average cost of production decreases as it produces more goods or services. This reduction in per-unit cost is often influenced by the presence of both fixed and variable costs in the production process. ...
How should one determine the fixed portion of the overhead cost? What two arguments tend to justify classifying all costs as either fixed or variable even though individual costs might not behave exactly as classified? What is the conceptual problem of applying fixed manufacturing overhead as a ...
The existence of transaction costs lead to opportunism and the hold-up problem. What are these and give examples? Explain the difference between costs in the short run and the long run. Support your answer with graphs and examples where needed. Explain...