Deterministic Production Planning with Concave Costs and Capacity Constraints

Michael Florian and Morton Klein
Additional contact information
Michael Florian: University of Montreal
Morton Klein: Columbia University

Management Science, 1971, vol. 18, issue 1, 12-20

Abstract: A multi-period single commodity production planning problem is studied in which known requirements have to be satisfied. The model differs from earlier well-known studies involving concave cost functions in the introduction of production capacity constraints. The structure of an optimal solution is characterized and then used in a simple dynamic programming algorithm for problems in which the capacities are the same in every period. Both the nonbacklog and backlog allowed cases are considered.

Date: 1971
References: Add references at CitEc
Citations: View citations in EconPapers (97)

Downloads: (external link)
http://dx.doi.org/10.1287/mnsc.18.1.12 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:18:y:1971:i:1:p:12-20

Access Statistics for this article

More articles in Management Science from INFORMS Contact information at EDIRC.
Bibliographic data for series maintained by Chris Asher ().