An alternative approach to solving cost minimization problem with Cobb-Douglas technology
DOI10.1007/S10100-017-0519-2zbMATH Open1397.90216OpenAlexW2789807407MaRDI QIDQ1787928FDOQ1787928
Authors: Vedran Kojić, Zrinka Lukač 
Publication date: 5 October 2018
Published in: CEJOR. Central European Journal of Operations Research (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1007/s10100-017-0519-2
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constrained optimizationeconomicscost minimizationmathematical inductionCobb-Douglas technologyweighted AM-GM inequality
Management decision making, including multiple objectives (90B50) Minimax problems in mathematical programming (90C47)
Cites Work
- Microeconomic theory
- A simple method to compute economic order quantities
- Mathematical modeling for determining the replenishment policy for EMQ model with rework and multiple shipments
- The derivation of EOQ/EPQ inventory models with two backorders costs using analytic geometry and algebra
- Profit maximization problem for Cobb--Douglas and CES production functions
- Notes on the mathematical modeling approach used to determine the replenishment policy for the EMQ model with rework and multiple shipments
- The EOQ with defective items and partially permissible delay in payments linked to order quantity derived algebraically
- An easy method to derive EOQ and EPQ inventory models with backorders
- Inequalities. A mathematical olympiad approach
- A geometric programming approach to profit maximization
- Cost Minimization Problems Treated by Geometric Means
Cited In (3)
- Note on ``The derivation of EOQ/EPQ inventory models with two backorders costs using analytic geometry and algebra
- Editorial. CEJOR special issue of Croatian Operational Research Society
- Solving the consumer's utility-maximization problem with CES and Cobb-Douglas utility function via mathematical inequalities
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