A Transportation Type Aggregate Production Model with Backordering
Marc E. Posner and
Wlodzimierz Szwarc
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Marc E. Posner: New York University
Wlodzimierz Szwarc: University of Wisconsin, Milwaukee
Management Science, 1983, vol. 29, issue 2, 188-199
Abstract:
In this paper we consider a certain aggregate production planning model. This model permits regular and overtime production and allows for backordering of goods for a number of periods. Although the discussed model can be formulated as a linear programming problem a special (noniterative) method is developed. First the optimal level of each mode of production is determined for each period. Then the complete solution is immediately constructed. This procedure is so simple that it can be also implemented via pencil and paper. Several computational improvements as well as problem variations are discussed.
Keywords: inventory/production: deterministic models; production/scheduling; programming: linear; algorithms (search for similar items in EconPapers)
Date: 1983
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:29:y:1983:i:2:p:188-199
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