Analyzing the potential of a firm: an operations research approach

  • Authors:
  • A. S. Belenky

  • Affiliations:
  • NISTRAMAN Consulting, P.O. Box 1314 Brookline, MA 02446, U.S.A.

  • Venue:
  • Mathematical and Computer Modelling: An International Journal
  • Year:
  • 2002

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Abstract

An approach to analyzing the potential of a firm, which is understood as the firm's ability to provide goods or (and) services to be supplied to a marketplace under restrictions imposed by a business environment in which the firm functions, is proposed. The approach is based on using linear inequalities and, generally, mixed variables in modelling this ability for a broad spectrum of industrial, transportation, agricultural, and other types of firms and allows one to formulate problems of analyzing the potential of a firm as linear programming problems or mixed programming problems with linear constraints. This approach generalizes the one proposed by the author earlier for a more narrow class of models and allows one to effectively employ a widely available software for solving practical problems of the considered kind, especially for firms described by large scale models of mathematical programming.