A series-type multistage production system with random demand
We propose a mathematical model which considers the series-type product structure with n−1 predecessors. Our objective is to obtain the optimal production functions, in the planning horizon [0,T], based on the assumptions (1) that the cost of production unit is a linear function of production quanti...
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| Main Author: | |
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| Format: | Article |
| Language: | English |
| Published: |
Wiley
2003-01-01
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| Series: | International Journal of Mathematics and Mathematical Sciences |
| Online Access: | http://dx.doi.org/10.1155/S0161171203112100 |
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| Summary: | We propose a mathematical model which considers the
series-type product structure with n−1 predecessors. Our objective is to obtain the optimal production functions, in the planning horizon [0,T], based on the assumptions (1) that the cost of production unit is a linear function of production quantity in a time unit, (2) that sales of finished goods occur at the end of planning horizon, and (3) that product demand is a random variable. Then the phenomenon of optimal solution is discussed. |
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| ISSN: | 0161-1712 1687-0425 |