Leonid Kantorovich

Leonid Vitaliyevich Kantorovich (January 19, 1912 in Petersburg — April 7, 1986 in Moscow) was a Soviet/Russian mathematician and economist. He is famous for his theory and development of techniques for the optimal allocation of resources. He was the winner of the 1975 Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel.

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Kantorovich worked for the Soviet government. He was given the task of optimizing production in a plywood industry. He came up with the mathematical technique known as linear programming. He authored several books including The Mathematical Method of Production Planning and Organization and The Best Uses of Economic Resources.

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The Bank of Sweden Prize in Economic Sciences, which he shared with Tjalling Koopmans, was given "for their contributions to the theory of optimal allocation of resources."

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January 19: January 19 is the 19th day of the year in the Gregorian Calendar. There are 346 days remaining (347 in leap years)....

1912: 1912 was a leap year starting on Monday....

Petersburg: Several places in the United States of America have the name Petersburg:...