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W. G. Klerck,G. M.S. Turner
AbstractThis article describes the application of linear programming to a problem faced by a small coal-mining company. The company owns two operating collieries, one supplies the general inland trade market while the other supplies a power station under...
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W. G. Klerck,L. E. Birkholtz
AbstractIn this article the need to forecast the cash flows of a corporation is discussed. Although many corporations operate on a decentralized basis to a greater or lesser degree the cash resources of the corporation are often controlled from head offi...
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W. G. Klerck
AbstractThe internal rate of return and multiple solutions It is often stated that one of the problems that occurs when using the internal rate of return in capital budgeting is that the method can generate multiple rates or solutions. In this article th...
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C. A. Anderson,W. G. Klerck
AbstractThe allocation of the demand for electricity using mixed integer programmingIn this paper the authors have investigated the use of mixed integer programming to solve an allocation problem that exists in the Electricity Department of the Pretoria ...
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