Encyclopedia

fixed-charge problem

fixed-charge problem

[¦fikst ′chärj ‚präb·ləm]
(industrial engineering)
A linear programming problem in which each variable has a fixed-charge coefficient in addition to the usual cost coefficient; the fixed charge (for example, a setup time charge) is a nonlinear function and is incurred only when the variable appears in the solution with a positive level.
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.
References in periodicals archive
Based on the background described in the previous section, this study chose the fixed-charge problem to model the decision problem.
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