
Note—On “Location of Bank Accounts to Optimize Float: An Analytic Study of Exact and Approximate Algorithms”
Author(s) -
Gérard Cornuéjols,
Marshall L. Fisher,
George L. Nemhauser
Publication year - 1979
Publication title -
management science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 4.954
H-Index - 255
eISSN - 1526-5501
pISSN - 0025-1909
DOI - 10.1287/mnsc.25.8.808
Subject(s) - lemma (botany) , float (project management) , algorithm , computer science , mathematics , mathematical economics , economics , management , ecology , poaceae , biology
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.programming: integer algorithms, heuristic facilities/equipment planning: location