Ying-Chieh Chen, "A series-type multistage production system with random demand", International Journal of Mathematics and Mathematical Sciences, vol. 2003, Article ID 273967, 15 pages, 2003. https://doi.org/10.1155/S0161171203112100
A series-type multistage production system with random demand
We propose a mathematical model which considers the series-type product structure with predecessors. Our objective is to obtain the optimal production functions, in the planning horizon , based on the assumptions (1) that the cost of production unit is a linear function of production quantity in a time unit, (2) that sales of finished goods occur at the end of planning horizon, and (3) that product demand is a random variable. Then the phenomenon of optimal solution is discussed.
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