Mixture selection for maximal stochastic performance

Michael Cain and Roger J. Owen

Naval Research Logistics (NRL), 1994, vol. 41, issue 5, 625-634

Abstract: Methodology for the optimal selection of a mixture of components for the attainment of a required performance level is developed. This accommodates both cost and stochastic variation and is applied to gasoline blending. © 1994 John Wiley & Sons, Inc.

Date: 1994
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https://doi.org/10.1002/1520-6750(199408)41:53.0.CO;2-2

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Persistent link: https://EconPapers.repec.org/RePEc:wly:navres:v:41:y:1994:i:5:p:625-634

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