Table 22.4 shows the parameters used in this example.
Table 22.4: Parameters
|
Parameter Name |
Interpretation |
|---|---|
|
supply[raw] |
Supply of each raw material (in tons) |
|
prev_demand[product] |
Demand for each product in previous year (in tons) |
|
prev_price[product] |
Price of each product in previous year (in £/ton) |
|
percent[product,raw] |
Percentage composition for each product and raw |
|
elasticity[i,j] |
|