Simultaneous Capacity and Production Management of Short-Life-Cycle, Produce-to-Stock Goods under Stochastic Demand
This paper derives the optimal simultaneous capacity and production plan for a short-life-cycle, produce-to-stock good under stochastic demand. Capacity can be reduced as well as added, at exogenously set unit prices. In both cases studied, with and without carry-over of unsold units, a target inter...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2002
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/833 |
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| Institution: | Singapore Management University |
| Language: | English |