Optimal mix of playground equipment
Shaul P. Ladany and
Michael G. Sklar
International Journal of Management and Decision Making, 2005, vol. 6, issue 2, 148-157
Abstract:
A two-stage procedure was developed to determine the optimal mix of equipment (different types and numbers of each type) to be erected at playgrounds, with the objective to maximise the total enjoyment that children playing at the playground would derive from their use. At the first stage, the contribution of each unit of equipment from each type to the total enjoyment of the children was determined using non-linear regression. The result of the first-stage was used as the input into a deterministic dynamic programming model. The solution procedure is demonstrated with an actual case example.
Keywords: dynamic programming; non-linear regression; optimal mix; playground equipment; enjoyment; children playgrounds. (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijmdma:v:6:y:2005:i:2:p:148-157
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