AN APPLICATION OF GEOMETRIC PROGRAMMING

Year 2012, Volume: 2 Issue: 2, 157 - 161, 01.12.2012

Ibrahim Guney Ersoy Oz

Abstract

A Geometric Program (GP) is a type of mathematical optimization problem characterized by objective and constraint functions that have a special form. The basic approach in GP modeling is to attempt to express a practical problem, such as an engineering analysis or design problem, in GP format. In this study, using Douglas production function, between the years 2006-2009 in the construction sector in Turkey estimates of labor and capital index values were obtained. Geometric Programming Algorithms for the calculation was carried out with the Matlab Toolbox software

Keywords

Convex optimization, Geometric programming, Cobb-Douglas production function, Mathematical optimization

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