Note--A Note on the Deterministic Capacity Problem

Richard J. Giglio
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Richard J. Giglio: University of Massachusetts

Management Science, 1973, vol. 19, issue 9, 1096-1099

Abstract: This note extends some work by Manne [Manne, A. S. 1961. Capacity expansion and probabilistic growth. Econometrica 29 (4, October).], which dealt with the case where demand was growing linearly, and also some work by Srinivasan [Srinivasan, T. N. Geometric rate of growth of demand. Investments for Capacity Expansion 150-156.] who assumed demand was growing geometrically. The difference lies in the form of the demand which here is assumed to be growing at a decreasing rate.

Date: 1973
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