An investigation of dynamic programming models as applied to a production-smoothing problem

The application of dynamic programming (DP) models to a production-smoothing problem is studied. Two DP model Type I (no penalty costs) and Type II (with penalty costs) are presented under consideration of deterministic demand and wherein production capacity is constrained by the number of full-shi...

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Bibliographic Details
Main Author: Asuncion, Roberto M.
Format: Book
Language:English
Subjects: