Article ID: | iaor1992547 |
Country: | United Kingdom |
Volume: | 18 |
Start Page Number: | 591 |
End Page Number: | 596 |
Publication Date: | Nov 1991 |
Journal: | Computers and Operations Research |
Authors: | Candler Wilfred |
Keywords: | programming: integer, statistics: sampling |
This paper presents a blending problem with (a) integer constraints on minimum usage and (b) acceptance sampling with penalty function and rejection. A combination of a ‘core’ integer programming analysis with supporting simulation of stochastic outcomes allows an orderly search for the preferred cost-risk combination.