Applications of Matlab in economic management

Applications of Matlab in economic management

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Article ID: iaor20062292
Country: China
Volume: 32
Issue: 2
Start Page Number: 121
End Page Number: 124
Publication Date: Apr 2005
Journal: Journal of Hunan University
Authors:
Keywords: software
Abstract:

Matlab is powerful computer software and has found wide application in automation control, mechanical, electrical and civil engineering and economic management. This paper proposed a generalized assignment problem, and proved the theorem that the optimal value of this problem is equal to the optimal value of the original assignment problem. By using Matlab, some new computational methods for solving assignment problems and transportation problems were put forward. Calculations showed that the new methods were both simple and accurate.

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