Matematicheskie Metody Organizatsii i Planirovaniya Proizvodstva. [Mathematical Methods of Organizing and Planning Production].: Preface by A. Marchenko.

One of 1 000 copies printed.
First edition.

Leonid Kantorovich (1912-1986), prominent Russian mathematician and economist, is considered as 'one of the father founders of the modern economic-mathematical methods'. In 1938, when he was 26, he started consulting for the Laboratory of the Plywood Trust. 'They had the problem of finding the best distribution of materials to different factories for optimal production. It could be formulated as a linear optimization problem with a number of side conditions. He found that many different problems in economics could be formulated in the same way' (Gustafsson B. Scientific Computing from a Historical Perspective, 2018, e-publication). So, he started working on this problem and he laid the foundation for what is now called linear programming, a mathematical method with important economic applications. His conclusions he outlined in this book, but the work went quit unnoticed outside of the USSR because of the WWII. Subsequently, a similar methodology has been independently developed by Tjalling Koopmans and other economists. However, Kantorovich wrote, that Western economists 'found my results in their own way' and their contributions remained unknown to him until the middle of the 1950s. In 1975 Kantorovich and Tjalling Koopmans shared Nobel Memorial Prize in Economic Sciences "for their contributions to the theory of optimum allocation of resources". In Kantorovich's case, the prize was awarded for essentially mathematical achievement in the 1930s and 1940s. English translation of this work appeared only in 1960 (in Management Science. Volume 6 Issue 4, July 1960, with preface by T. Koopmans).

OCLC locate two copies in USA: in the University of Illinois and in the City College Library (New York).

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