Winner of the 1975 Nobel Prize in Economics,

**Leonid Vitaliyevich Kantorovich**(1912-1986) is famous for his theory and development of techniques for the optimal allocation of resources.

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''.

The Nobel Prize, which he shared with Tjalling Koopmans, was given "for their contributions to the theory of optimal allocation of resources."

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