Note--On "Location of Bank Accounts to Optimize Float: An Analytic Study of Exact and Approximate Algorithms"

Gerard Cornuejols, Marshall L. Fisher and George L. Nemhauser
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Gerard Cornuejols: Carnegie-Mellon University
Marshall L. Fisher: University of Pennsylvania
George L. Nemhauser: Cornell University

Management Science, 1979, vol. 25, issue 8, 808-809

Abstract: In the course of the deliberations of the 1977 Lanchester Prize Committee, Alan J. Goldman brought to our attention an error in the proof of Lemma 1 of our paper (Cornuejols, G., M. L. Fisher, G. L. Nemhauser. 1977. Location of bank accounts to optimize float: an analytic study of exact and approximate algorithms. Management Sci. 23 789-810.). The lemma, however, is true and the original correct, but long and intricate, proof was provided to the Committee, see (Cornuejols, G., M. L. Fisher, G. L. Nemhauser. 1977. On the uncapacitated location problem. Ann. Discrete Math. 1 163-178.) for details.

Keywords: programming: integer algorithms; heuristic facilities/equipment planning: location (search for similar items in EconPapers)
Date: 1979
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Citations: View citations in EconPapers (3)

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