Optimal Multi-Product Production Scheduling and Employment Smoothing with Deterministic Demands

John S. C. Yuan, Jeffrey H. Horen and Harvey M. Wagner
Additional contact information
John S. C. Yuan: International Business Machines Corporation, Armonk, New York
Jeffrey H. Horen: School of Organization and Management, Yale University
Harvey M. Wagner: School of Organization and Management, Yale University

Management Science, 1975, vol. 21, issue 11, 1250-1262

Abstract: This paper considers the properties of an optimal production schedule for a multi-product firm, where the economics of production include employment smoothing costs. The results extend the findings of [Lippman, Steven A., Alan J. Rolfe, Harvey M. Wagner, John S. C. Yuan. 1967. Optimal production scheduling and employment smoothing with deterministic demands. Management Sci. 14 127-158.], which treated only a single product. The analysis establishes bounds on optimal production schedules for both individual products and aggregate work force. The paper also relates monotonicity in each product's demand with monotonicity of production for each item in an optimal schedule.

Date: 1975
References: Add references at CitEc
Citations:

Downloads: (external link)
http://dx.doi.org/10.1287/mnsc.21.11.1250 (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:21:y:1975:i:11:p:1250-1262

Access Statistics for this article

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