On Production Smoothing
Morton Klein
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Morton Klein: Columbia University
Management Science, 1961, vol. 7, issue 3, 286-293
Abstract:
The production planning model of Modigliani and Hohn and the smoothing model of Hoffman and Jacobs are combined. The most interesting result is that the horizon planning properties of the individual models are retained in the combined model. Methods are also given for the computation of optimal production schedules for certain kinds of requirements schedules.
Date: 1961
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:7:y:1961:i:3:p:286-293
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