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In case the "cake" is a 1-dimensional interval, this translates to the requirement that each piece is also an interval. In case the cake is a 1-dimensional circle ("pie"), this translates to the requirement that each piece be an arc; see fair pie-cutting. Another constraint is adjacency. This constraint applies to the case when the "cake" is a ...
Envy-free cake-cutting. An envy-free cake-cutting is a kind of fair cake-cutting. It is a division of a heterogeneous resource ("cake") that satisfies the envy-free criterion, namely, that every partner feels that their allocated share is at least as good as any other share, according to their own subjective valuation.
The following algorithms can be used to find an envy-free cake-cutting with maximum sum-of-utilities, for a cake which is a 1-dimensional interval, when each person may receive disconnected pieces and the value functions are additive: For partners with piecewise-constant valuations: divide the cake into m totally-constant regions.
Last diminisher. The last diminisher procedure is a procedure for fair cake-cutting. It involves a certain heterogenous and divisible resource, such as a birthday cake, and n partners with different preferences over different parts of the cake. It allows the n people to achieve a proportional division, i.e., divide the cake among them such that ...
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Contribution margin-based pricing is a pricing strategy which works without any mention of gross margin percentages. (German:Deckungsbeitrag) It maximizes the profit derived from a company's assortment, based on the difference between a product's price and variable costs (the product's contribution margin per unit), and on one's assumptions regarding the relationship between the product's ...
The full size serves eight and costs $25.99. The look: This Publix classic carrot cake was decorated with a bright orange and green buttercream carrot piped on top of cream cheese icing ...