http://en.wikipedia.org/wiki/Reduced_cost
It is the cost of one item - usually to produce but sometimes to purchase.
distance measured not in linear terms such as miles or kilometers but in terms such as cost and time
Fixed Cost Problem is a kind of the Mixed Linear Programming Problem(MILP).Also, MILP is a Parametric Quadratic Concave Programming Problem. The optimal solution is existence of vertix set of the domain set. Then, you can use the domain cutting method.
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Saburo Muroga has written: 'Logical design of an optimal network by integer linear programming' -- subject(s): Circuits, Electronic digital computers, Linear programming, Threshold logic 'Minimization of logic networks under a generalized cost function' -- subject(s): Mathematical optimization, Switching theory
It is linear.
It is linear.
Linear Cost Function A linear cost functionexpresses cost as a linear function of the number of items. In other words, C = mx + bHere, C is the total cost, and x is the number of items. In this context, the slope m is called the marginal cost and b is called the fixed cost.
what is the definition of historical cost
The exact value is 9.7841 so I expect 9.79
cost estimation and architecture uses linear function.
Multiply the cost per unit (8) times the length (10.5) = 84