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An Algorithm For the Min-Max Loss Rule For Claims Problems

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Abstract

In this paper we provide an algorithm which gives us the unique solution to the problem of minimizing the maximum loss (where loss is measured by unsatisfied demands) for a claims problem. The answer lies crucially on the structure of the problem.

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Authors and Affiliations

  1. Indian Institute of Management Ahmedabad, 380 015, India

    Somdeb Lahiri

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  1. Somdeb Lahiri
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Lahiri, S. An Algorithm For the Min-Max Loss Rule For Claims Problems. OPSEARCH 34, 97–104 (1997). https://doi.org/10.1007/BF03398513

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  • DOI: https://doi.org/10.1007/BF03398513

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