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 |
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Institutional Knowledge at Singapore Management University
2002
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Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/833 |
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Institution: | Singapore Management University |
Language: | English |
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